A new report from McKinsey highlights the following changes:
1. The end of 30 years of exceptional investment returns.
2. $8trn of benchmark hugging active assets up for grabs.
3. Substantial capital flows to Private Equity and Infrastructure.
4. Digital Revolution.
5. Regulatory Change to transform Distribution models.
McKinsey & Co cited five trends that they expect will cause a “once-in-a-generation shift in competitive dynamics”, completely shaking up the asset management industry.