The people agenda
What is keeping asset managers awake at night?
As we step out of the shadows of the economic downturn and into an environment where firms are focused on growth, people strategy challenges and solutions can be found near the top of most corporate agendas. For asset managers, where people form a significant portion of their overall cost base, this rings especially true.
What a successful people strategy looks like will vary from firm to firm; however, demographic shifts, technological advancements and regulatory pressures are creating some very clear challenges for all asset managers. Against this backdrop, Amy Titus, a director in Deloitte LLP’s U.S. Organisation, Talent and Transformation Practice, and Helen Beck, a partner in Deloitte LLP’s UK Financial Services Reward team, outline the biggest issues on the people strategy agenda for asset managers in the U.S. and Europe and suggest how asset managers can respond.