Survival of the fittest Defining future leaders in asset management

Secular catalysts such as technology, regulation and shifting buyer demands are presenting asset management firms worldwide with the greatest challenges they have faced to date. Investment performance is necessary, but no longer sufficient, for success. This paper outlines the bold, transformative changes in business models – including cost reallocation, streamlined operations, new technologies, differentiated investments and consumer-oriented brand attributes – that asset management firms will require to win in a rapidly maturing industry.