Institutional investors emphasize innovation in alternative asset management
Institutional investors from the United States and United Kingdom believe growing pressure from investors for new solutions will have the biggest impact on innovation in the alternative asset management industry, according to a new report from financial services group Ocorian.
The study found advances in technology and data analytics were ranked by U.S. and U.K. institutional investors as having the second biggest impact on innovation in the industry. Greater data on how different alternative asset classes perform in different market environments was ranked as having the third largest impact on innovation. Environmental, social and governance (ESG) issues were ranked as having the sixth biggest impact on innovation, behind regulatory changes and tax changes.
“Despite experiencing huge advances in technology, there remains a growing appetite from investors for new, innovative solutions, and it is this that is set to drive further innovation in the alternative asset ma