Singapore, Hong Kong on track to match Swiss offshore cash swissinfo.ch.
according to the 15th annual study of the industry by The Boston Consulting Group (BCG). The report, titled Global Asset Management 2017: The Innovator’s Advantage, is being released today. The global asset management industry faces growing challenges.
Still, the robo-advice industry, which has grown from nothing a decade years ago to manage some $200 billion in assets globally, is being studied closely by banks in Hong Kong to see whether they can introduce similar offerings, BCG's Mr. Tang says.
American Portfolios (AP) has added to its long-standing commitment to corporate social responsibility by launching the Nine Points Investment Management (NPIM) Impact Portfolios. ... named Broker-Dealer of the Year* (Division III) by Investment Advisor.
For the first year since the 2008 financial crisis, revenue earned by asset management firms globally fell in 2016 along with profits, according to a report Tuesday by Boston Consulting Group ... at $14 billion, the study found. To succeed in a more.
It had some impact on traditional shelters that did not report account holders assets to tax authorities: Switzerland is not as big as it once was, as other offshore centers provide it with ample competition. The Patriot Act has not put a dent in off.
Surprisingly, despite the edge that quants and big data can potentially provide, BCG recently reported that less than half of the 153 asset managers the firm surveyed use advanced quantitative analysis. ... In one recent case study , Macrowonk applied a.
United Technologies To Acquire Rockwell Collins For $30 Billion | News Center | News | United Technologies United Technologies.
A study by Boston Consulting Group found that traditional asset managers last year suffered the first drop in revenues and profits since the financial crisis, due to contracting margins and lower fee income. Yet there is a legitimate argument to make.
The report provides the findings of BCG’s tenth annual study of the worldwide asset-management industry. The number of managers able to win those new assets contracted further, the report said. The result is an acceleration of a winner-takes-all trend.
The new skills needed across investment banking, hedge funds, mutual funds, information providers and exchanges are, says BCG , machine learning, predictive analytics, cloud computing, robotics and automation. Investment banks like to say that they're.
Buoyed by last year’s strong market gains, professionally managed assets rose 12 percent to $52.6 trillion last year, Boston Consulting Group wrote in its eighth annual asset management industry survey. In 2008 assets tumbled 17 percent. Asia posted the.
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