The more conservative risk profile of intermediaries combined with lower returns on most investments mean that wealth managers should look at cost cutting through strategic relationships with outsourcing specialists
As climate conditions in the global wealth management industry continue chilly for even the fittest providers, strategic partnerships look ever more attractive as sound solutions for meeting the challenges of today's market. Squeezed on every side by increasingly conservative investors' needs and steadily tighter margins, wealth managers must adapt quickly to a volatile and shifting environment. This means, in particular, maintaining easy access to an effective infrastructure that capitalises on the rapid advances in technology now occurring. But if a robust infrastructure is the ticket to ...
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