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
Clemence Chatelin: Advising on impact investing
UN's 17 social development goals
Struggling GAM reports more outflows
Expects market to 'remain volatile'
Steady quarter for Quilter as AUMA edges closer to pre-Covid levels
Net flows ‘seasonally weaker’
Schroders' Justin Simler to lead ASI multi-asset product strategy
Departs Schroders after ten years
More news
Simon Goldthorpe: Six 'lockdown habits' advisers should keep
Whether it's because we had to or wanted to, lockdown gave us all the opportunity to do things differently. But which of these new habits are likely to remain part of everyday life? Simon Goldthorpe shares his thoughts...
Insistent client DB transfer ends in FOS complaint against Chase de Vere
Transfer did not proceed
Clemence Chatelin: Advising on impact investing
UN's 17 social development goals
Struggling GAM reports more outflows
Expects market to 'remain volatile'
State pension to rise 2.5% with triple lock in 2021/22; lifetime allowance up 0.5%
2.5% widely expected
