Global asset managers’ most pressing concern is performance, which is not surprising given the recent volatility across many asset classes. How they respond to the performance challenge will be vital for their ability to manage funds in the future, according to a survey by Northern Trust and Greenwich Associates. The survey of 150 global asset managers about their challenges and opportunities within traditional, long-only asset management during the spring 2023 focused on how the design of an operating model can support strategic growth priorities, as well as the importance of an outsourcing strategy for their future.
In response to this concern, the research indicates that managers appear ready to double down on existing strategies. Forty-seven percent state that to achieve alpha, they will implement a more disciplined investment process, and 41 percent will focus on high-conviction ideas. The past few years had unusual events, but managers do not plan to make significant
