AllianzGI CEO takes aim at vertically integrated firms
Models need to be 'technology, distribution or investment-led'
Andreas Utermann, chief executive officer of Allianz Global Investors, has said asset managers with vertically integrated business models are more likely to struggle than those with a single-focus ethos due to cultural and financial challenges.
Speaking at the launch of the firm's Staying Active: How to Regain Trust in Active Management report, Utermann said there are three types of models an asset manager can adopt to be successful: technology-led,...
More on Your profession
Columbia Threadneedle acquires BMO EMEA asset management business
Ameriprise Financial strikes £615m deal
Administrator to top adviser: Ann-Marie Atkins' journey up the ladder
Challenging embedded thinking
Nominations open for Women in Financial Advice Awards 2021
Nominate yourself, a peer or colleague
CISI launches ESG course to help sector 'unravel jargon'
Also available in Spanish
ESG client conversations becoming more prevalent - NextWealth
203 advisers surveyed
More news
Columbia Threadneedle acquires BMO EMEA asset management business
Ameriprise Financial strikes £615m deal
Administrator to top adviser: Ann-Marie Atkins' journey up the ladder
Challenging embedded thinking
Nominations open for Women in Financial Advice Awards 2021
Nominate yourself, a peer or colleague
Praemium opens Edinburgh office; hopes to make 20 hires in 2021
Based on George Street
CISI launches ESG course to help sector 'unravel jargon'
Also available in Spanish
