Only one in three (32%) wealth managers and financial advisers rate their firm’s ability to track future potential performance of asset classes as 'excellent', according to Ortec Finance.
Nearly half (42%) of respondents considered their performance tracking capabilities 'good', while 25% deem them 'average'. In response, more than eight in ten (84%) wealth managers and financial advisers indicated plans to increase investments in new tools and solutions over the next three years to improve their estimates of key asset classes' future performance. Of these, 11% anticipated an increase in investment levels, while only 15% expected their investment levels to remain unchanged. The primary driver behind this surge in investment is client demand, Ortec Finance found. Fur...
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