Business Model
Successful firms don’t dodge industry realities
Professionalism emerges as key business driver
Innovation
14 %
a small minority say their firm has a very large cultural and financial commitment to innovation in products and services
Consolidation
72 %
expect consolidation to speed up significantly or some
The weak underlying growth in revenue and profits for asset management firms masks the differences by geography and segment.
THE BIGGEST CHALLENGES FOR INVESTMENT FIRM FINANCIAL PERFORMANCE OVER THE NEXT 5–10 YEARS:
- 37%
- 23%
- 18%
- 17%
- 5%
- FEE PRESSURES
- LOWER RETURNS
- COST PRESSURES IN SERVICE AND COMPLIANCE
- SWITCHING TO LOWER-FEE PRODUCTS
- LOWER NET FLOWS