The Rise of Asset Managers: How They Control Our Daily Lives

🏢Asset managers invest in real assets like housing and infrastructure that directly affect people's daily lives.

💰Asset managers control trillions of dollars of capital, giving them immense power and influence in the global economy.

🌍Asset managers' decisions impact global infrastructures and determine the fees we pay for essential services like water and transportation.

🤝Asset managers often prioritize profit over public interest, leading to rising costs and decreased quality of services.

🔒The growing power of asset managers raises concerns about lack of accountability and democratic control over vital resources.

What are asset managers?

—Asset managers are financial institutions that invest money on behalf of individuals and institutions in various assets, including real assets like housing and infrastructure.

How do asset managers impact our daily lives?

—Asset managers control trillions of dollars in capital, which gives them power to influence the prices we pay for rent, utilities, and other essential services.

Are asset managers regulated?

—Asset managers are subject to regulations, but there are concerns about their lack of transparency and accountability, especially when it comes to their impact on public infrastructure and services.

Can asset managers be held accountable for their actions?

—Holding asset managers accountable can be challenging due to their complex ownership structures and the global nature of their investments. There is a need for stronger regulations and oversight.

What can individuals do to address the influence of asset managers?

—Individuals can educate themselves about the role of asset managers, advocate for stronger regulations, and support initiatives that promote democratic control over essential resources.

00:00Asset managers have become powerful players in the global economy, investing trillions of dollars in real assets like housing and infrastructure.

03:40Asset managers control large amounts of capital, giving them influence over the prices of rent, utilities, and other essential services.

08:15Asset managers' decisions impact global infrastructures and determine the fees we pay for water, transportation, and other services.

12:00There are concerns about the lack of transparency and accountability of asset managers, especially when it comes to their impact on public resources.

16:25Individuals can take action by educating themselves, advocating for stronger regulations, and supporting initiatives for democratic control over essential resources.