Despite shifting demographics, increased regulations and the rapid evolution of technology, some asset managers are achieving high levels of performance. How are firms reaching this feat—a feat that seems nothing short of impossible in the wake of the 2008 financial crisis?
Converging and interconnected trends are forcing asset managers to rethink their basic business models and adapt quickly or risk losing share to more flexible competitors. Accenture research reveals that there is no one dominant model for high performance in asset management—high performance firms have several different types of strategies and business models. What these firms have in common, however, are how well they execute and how well they align their core competencies.
Over the next few weeks, I’ll take a closer look our high performance asset management research. I’ll delve into some of the business models firms are employing and the steps managers can take to achieve high performance.
In the meantime, check out my video below to hear the highlights of Accenture’s research:
And, read the full report. Download High Performance Asset Management (PDF; opens in new window).