Although the asset management sector experienced a good run in the bull market, this downturn will try the industry. Investment firms that manage their costs are likely to be more successful, according to a survey by the Boston Consulting Group. Passive investment strategies pose a challenge to asset management margins, and companies will have to adopt digital technologies to improve their outcomes. This annual recap and industry overview, which packs in a lot of information, is apt to prove useful to investment managers and other financial services professionals.
About the Authors
Renaud Fages et al. are professionals with the Boston Consulting Group.