Global asset management industry 'faces a reckoning' - report

Annual revenue growth to halve by 2021

Jayna Rana
clock
Global asset management industry 'faces a reckoning' - report

The asset management industry's "historically healthy economics are deteriorating", according to a report by a Deloitte consultancy Casey Quirk, which outlines four catalysts for change in the sector and highlights the types of businesses that can survive.

The study, Survival of the Fittest: Defining Future Leaders in Asset Management, warns annual revenue growth will fall to 2.9% from 6%, median profit margin will drop to 28% from 34% and the industry's...

To continue reading this article...

Join Professional Adviser

 

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
  • 
 Be the first to hear about our events and awards programmes.

Join

 

Already a Professional Adviser member?

Login