In 2017, exceptionally strong stock market performance pushed the profits of asset managers to levels not seen since the 2008 financial crisis. However, according to professionals at the Boston Consulting Group in this astute analysis, the robust showing masked a number of challenges, including managing the costs of implementing state-of-the-art digital capabilities and moving into new markets like China. Looking out to 2022, asset managers will need to realign their approaches to growth. getAbstract recommends this incisive report to executives of asset management firms.
In this summary, you will learn
- Why 2017 was an outstanding year for asset management firms,
- Why these firms could face a difficult future and
- What approaches asset managers can take to continue to grow.
About the Authors
Brent Beardsley et al. are professionals with the Boston Consulting Group.