New Delhi, Dec. 12 -- Moody's Ratings has maintained a stable outlook for the global asset management industry in 2026, citing expectations of steady assets under management (AUM) growth supported by lower interest rates and subdued but stable global economic expansion, even as competition continues to squeeze profit margins.

According to the ratings agency, global economic growth is expected to remain broadly flat over the next two years, with inflation easing across most major economies.

In the United States, inflation is forecast to decline to around 2.8 per cent in 2026, prompting further rate cuts by the Federal Reserve, while other regions are nearing the end of their easing cycles. These slightly easier monetary conditions are ex...