More than half of fund managers expect to see healthy revenue growth over the next three years, as they predict alternative investments will offer the best opportunities for producing returns that will beat the market, according to a survey by PricewaterhouseCoopers. Among the investment management groups polled, 55% of respondents said revenue growth of at least 20% within the next three years is likely, while 44% put the rate at between 5% and 19%, with 1% feeling revenue will decline. Assets in equities, fixed income and cash are seen dipping between one to three percentage points to 41%, 29% and 8%, respectively, with a slight uptick in property assets, the survey found.