A new discussion point for my class: McKinsey considers sale of in-house asset manager after years of controversy https://t.co/AGGTEOSZID via @ft
#McKinsey gets religion https://t.co/BeUMDDFU9n
The @FT is reporting that McKinsey is thinking of selling MIO, its investment arm. No wonder this 2019 story of mine was the one "McKinsey didn't want written." https://t.co/MGXVMF7seq
McKinsey & Company is contemplating the sale of its in-house asset manager, MIO, which has been under scrutiny for several years. This decision comes amid ongoing controversies surrounding the firm. The asset manager reportedly has $23 billion in assets under management (AUM). The potential sale reflects McKinsey's effort to address these issues and possibly reshape its investment strategies. The Financial Times has reported on this development, indicating that the sale is a significant consideration for the consulting giant.
