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 reports.

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