Generative AI (gen AI) is predicted to impact over two-thirds of all functions across the capital markets industry1, suggesting that the technology has the potential to significantly transform all its segments—including asset management. Historically, asset management firms have commonly not been at the forefront of technology driven change compared to other industries given, e.g., the…

These days, it’s almost a cliché to say that the asset management industry is facing unprecedented change in scope, scale and pace. But there happens to be some truth in it. I believe that there are three interrelated drivers that account for the current need to change. First, many asset managers—at least in the US—demonstrated…

In my previous blog, I looked at the role of investment stewardship with a focus on environmental, social and governance (ESG) investing. The blog described how the asset management industry is increasingly leveraging investment stewardship to oversee their ESG products and investments. But the use of this function is not limited to ESG: I believe…

Asset managers and asset owners, in general, must come to terms with a new environment. Volatility has increased, driven by economic, geopolitical and environmental pressures, and conventional theories on how to generate alpha are increasingly being challenged. This is equally true for sovereign wealth funds (SWFs), which are also facing an additional complexity: Most sovereign…

Environmental, social and governance (ESG) investing has made great headway in the past two years. It’s a trend that’s continuing to accelerate. In fact, our new research study, The future of asset management, highlights that 79% of asset managers believe that economy/purpose investing (ESG) as an investment strategy will define the next five years. The…

Asset managers have been focused in the past mainly on driving scale and efficiencies into their investment operations. Now, many firms are turning to a new playbook. Its priorities? Using digital as the engine to enhance revenue, client centricity and market share. And doing this successfully requires firms to embrace a new way of working…