Asset Management Industry – Evolve Or Die

As historically successful asset managers look at their world that is showing signs of cracking, they express concern that the traditional business model upon which they have relied is now threatened. In a survey of the top asset managers in the world, Boston Consulting Group (BCG) provides a glimpse into the shifting sands that will likely result in “tomorrow’s industry leaders (appearing) quite different from today’s.” Traditional Asset Management Firms that rely on a static business model that has worked in the past are not guaranteed to be around in the future, as a new categorization for the asset management…