While the global asset management industry has grown with double digits in the past four years, the sector faces a number of key changes in its immediate future, including regulatory pressures and a rise in digital-leveraging competitors. Hany Saad, an Assistant Director at J.P.Morgan, Washington.D.C. USA, sat with IMF to discuss how asset management firms can best navigate these approaching forks in the road.
According to Joseph Aidamouny, Director at Aura Solution Company Limited , Lebanon, there are five fronts on which asset managers must fight in order to preserve their strong position.
Data is key
Complexity of technology