Global Asset Management Review and Canadian Asset Management Outlook
This research bundle outlines Investor Economics outlook for the global asset management, and locates the Canadian managed money opportunity within this broader global context. In this context, this bundle provides US and global asset and wealth managers with a one-stop, authoritative reference source for understanding the key trends and evaluating retail, institutional and insti-vidual asset management opportunities in Canada.
Global assets under management have virtually doubled over the last decade; forecasters, however, have projected slower growth over the next several years. The evolving reality is that the asset management industry has encountered a series of challenges, including margin compression, low-cost alternatives and increasing regulation, which will put continuing pressures on industry growth and profitability. The Global Asset Management Review discusses in brief the state of the industry as a whole; examines the impact of economic and regulatory trends; identifies the leading wealth management providers; and looks at how these trends may affect the delivery of wealth management in the global setting, while providing key guidance for asset managers participating in the Canadian marketplace.
Assets under management in Canada are expected to reach $3.3 trillion by 2019, representing an annual growth rate of 4.9%. The Canadian Asset Management Outlook explores both the key trends and the challenges facing Canadian money managers amid the impacts of emerging trends on the asset management landscape. Emerging themes, such as defined benefit plan de-risking and the individualization of financial assets, are analyzed and their likely effects on the delivery of asset management services are highlighted. While some of the themes presented may pose serious challenges to asset managers in Canada, others will likely result in opportunities; our analyses will aid in recognizing the differences. Along with this discussion, a five-year projection is presented—from the end of 2014 to the end of 2019—for each delivery channel. For more information contact Daniel Bederman at Daniel@iei.ca.