> GMO's assets under management have collapsed by well over 50% over the years
Do you have a source for this? It looks like they've been hovering at $64B discretionary AUM since 2014, and that hasn't changed through 2020. [1][2]
All I could find was this article, which I think might be misleading. [3] It seems like it might be conflating GMO's total AUM with the AUM of its asset allocation business, but I'm not sure.
1. https://web.archive.org/web/20150408043537/http://www.gmo.co...
2. https://www.gmo.com/globalassets/documents---manually-loaded...
3. https://www.google.com/amp/s/www.marketwatch.com/amp/story/i...