Driving Growth in Asset Management 2024

In partnership with WBR, Northern Trust conducted research surveying 300 global asset managers, seeking to understand how managers’ strategies will continue to evolve amidst the current market and industry landscape.  

Explore the dynamic shifts uncovered in our latest survey, where factors like rising costs, inflation, and geopolitical uncertainty highlight the need for continuous innovation and strategic agility. The responses illustrate a transition among asset managers from prioritizing cost control to emphasizing quality and accuracy, with a focus on enhancing the investor experience. This shift prompts a reassessment of product offerings and a deeper understanding of client needs. While cost remains a concern, firms are increasingly turning to technology and outsourcing to tackle these challenges. The decision to outsource reflects a strategic move to enhance data analytics capabilities to optimize investment strategies, enabling better market penetration and improved investor experiences.