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Aug 31, 1998

Ground zero

The global arena

Maybe it’s high time Michael Lipper sold his fund analysis business: after 25 years studying reams of mutual fund data, he has a whole lot of zeros swimming before his eyes. As he sold Lipper Analytical to Reuters this summer, he predicted worldwide mutual fund assets will grow from an astronomical $7 trillion now to a galactic $30 trillion in just ten years. Reuters CEO Peter Job seems more reluctant to prognosticate himself into a corner. ‘It’s big,’ he says simply

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