The Boston Consulting Group has released its annual asset management report, titled 'Global Asset Management 2013: Capitalizing on the Recovery'

Joanne Ma

Livewire Markets

The Boston Consulting Group has released its annual asset management report, titled 'Global Asset Management 2013: Capitalizing on the Recovery'. This year's research shows that the global asset-management industry has finally returned to a growth path, achieving a winning respite after four years of stalled growth. Both assets under management and profits (%revenues) have nearly returned to pre-crisis levels. Nonetheless, the report notes, managers continue to face market volatility, weakening of some revenue margins, and wide variations in performance among managers, products, and regions. Importantly, a key market trend identified by BCG is that the most successful managers in every region are either specialists or traditional providers who have become ambidextrous-i.e. they have maintained their active core-asset businesses while also developing capabilities to capture new faster-growth assets. Furthermore, cost discipline has become increasingly important since the crisis with managers actively managing their cost-structure to capture efficiency gains. (VIEW LINK)


Joanne Ma
Joanne Ma
Writer
Livewire Markets

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.