AMWatch

Accenture report sees the end of lucrative business models in the asset management industry

Wealth and asset management accounts for the major part of the financial sector's profits, but still struggles to achieve scalable efficiency. The industry is characterized by pressure on margins, shows Accenture report.

Photo: Ritzau Scanpix

Wealth and asset management accounts for 90 percent of the financial sector's profits (after tax and equity compensation).

However, according to a capital markets report by Accenture, the asset management industry is ineffective when it comes to utilizing scalability. The industry is also struggling with decreasing margins, Swedish financial media Realtid.se reports.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

The ESG market is controlled by a few big investors

Finland's largest investor holds 62 percent of shares of multi-trillion ETFs offered by iShares and 64 percent of Xtrackers' equivalent offering. Having a few investors dominating ownership in this way is not good for the vehicles' liquidity and could be a big challenge facing the sector.

"We continue to see further growth in our Nordic book of business"

DECEMBER SERIES: What were the most important developments at some of the global asset managers present on the Nordic market in 2021, and what are their expectations for the coming year? AMWatch's December series is kicked off by Head of Nordics at State Street Global Advisors, Arnaud Bruyneel. 

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch