The pressures on Asset Managers are changing and intensifying. This is happening at a time when firms must invest in building outcome-based solutions and applying transformational technologies, both internally and externally. Moreover, the drive to improve transparency continues unabated. Regulation, investor pressure and tax legislation are all driving more openness. In addition to creating a more fee competitive market, this is also leading to greater costs related to data and reporting.
Asset Management 2020 set out six likely game changers that would impact the competitive environment. In our view, understanding, analysing and acting on these would prepare firms for the opportunities the changing landscape presented.