资源描述：
《2019 Investment Management Industry Outlook》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。
1、2019InvestmentManagementOutlookAmixofopportunityandchallenge2019InvestmentManagementOutlook:Amixofopportunityandchallenge2Brochure/reporttitlegoeshere
2、SectiontitlegoeshereTableofcontents2019:Anotheryearofchallengeswithnewopportunitiesforsuccess1Pickingtheright
3、growthoptions3Creatingoperationalefficiencies8Deliveringthenextlevelofcustomerexperience132019:Executiondrivessuccess15022019InvestmentManagementOutlook:Amixofopportunityandchallenge2019:AnotheryearofchallengeswithnewopportunitiesforsuccessInvestmentmanagement
4、isinaperiodofrapidchange,Atthesametime,makingthecaseforalphaformanydrivenbyshiftinginvestorpreferences,margincompression,activemanagersremainsachallenge.Astudyhasshownregulatorydevelopments,andadvancingtechnologies.that86.7percentofUSactivefundshaveunderperfor
5、medWhilethenine-yearbullrunhasdiminishedtheintensityoftheirbenchmark,onanet-of-feesbasis,overthe10-yeartheseindustrychallenges,experiencetellsusthatmarketsperiodendingin2017.4Europeanfundshavesimilarresults:workincycles.Successfulinvestmentmanagers(which85.4pe
6、rcentofactivelymanagedEuropeanequityfundswedefineasmanagersofmutualfunds,hedgefunds,andunderperformedtheirbenchmarkoverthesameperiod.5privateequityfirms)in2019willlikelybetheonesthatcancontinuetomanagethesechallengeswithplansdesignedtoIntheprivateequity(PE)wor
7、ld,consistentstrongwithstandchangingmarketconditions.performancerewardedaccreditedandinstitutionalinvestors,whichledtolargecapitalinflowsandrecordPrioritiesforlong-onlymanagersaremoreacutethandrypowder(undeployedcapital)(figure1).AsofMarchthoseforalternativema
8、nagers2018,globalPEdrypowderstoodat$1trillion,readytobePassivefundscontinuetogarnerassets.Inthefirsthalfinvestedinnewportfoliocompanieswithgrowthpotential.6of2018,16ofthetop20fundsbynetflowswerepassivemutualfundsandexchange-tradedfunds(ETFs)garnering$143billio
9、n.1Theadventofzero-costETFsmayacceleratethisgrowthevenfurther.AccordingtoStateStreetGlobalAdvisors’estimatesandInvestmentCompanyInstitute’sdata,globalETFassetscouldtouchthe$25trill
