{"id":58335,"date":"2016-11-18T07:57:19","date_gmt":"2016-11-18T06:57:19","guid":{"rendered":"http:\/\/beta.next-finance.net\/note\/simcorp-survey-reveals-optimism-among-investment-managers-about-own-growth-prospects\/"},"modified":"2016-11-18T07:57:19","modified_gmt":"2016-11-18T06:57:19","slug":"simcorp-survey-reveals-optimism-among-investment-managers-about-own-growth-prospects","status":"publish","type":"post","link":"http:\/\/beta.next-finance.net\/en\/note\/simcorp-survey-reveals-optimism-among-investment-managers-about-own-growth-prospects\/","title":{"rendered":"SimCorp Survey Reveals Optimism Among Investment Managers About Own Growth Prospects"},"content":{"rendered":"<p><em> <strong>SimCorp, a leading provider of investment management solutions and services for the global financial services<br \/>\nindustry, today released a survey, which shows significant assets under management (AuM) and revenue<br \/>\ngrowth expectations from investment managers in the next three years. The majority of the surveyed firms<br \/>\ncited \u2018provision of superior service\u2019 and \u2018product innovation\u2019 as the main areas of focus for supporting growth. <\/strong> <\/em><\/p>\n<p>The survey, titled <em>\u2018Unlocking Growth Through Innovation\u2019<\/em>, was conducted by Lindberg International and was<br \/>\nsupplemented by qualitative interviews by Citisoft.<br \/>\nIn the survey, representatives from 83 investment management firms from Europe, North America and Asia<br \/>\nPacific were asked to project their annual growth rates in the next three years. Eighty four percent of large<br \/>\nasset managers (more than 200 employees) expect annual revenue growth of 6% or more whereas 36% of<br \/>\nthe small asset managers (less than 200 employees) indicate the same. For annual AuM, 73% of the large<br \/>\nfirms and 56% of the smaller ones expect a growth of more than 6%.<br \/>\nThe industry\u2019s very positive sentiment towards growth over the next three years is surprising given that revenue<br \/>\nand AuM growth across investment management stayed almost flat in 2015. Other highlights of the survey include:<\/p>\n<ul>\n<li> European and Asia-Pacific respondents are more optimistic about AuM growth than their North<br \/>\nAmerican counterparts. Forty-eight percent of European and 55% of Asia-Pacific respondents expect<br \/>\nannual AuM growth of more than 10% compared to only 17% for North American respondents.<\/li>\n<li> Provision of superior service is the most predominant strategic focus area, followed by product<br \/>\ninnovation. Surprisingly, the survey shows that less importance was placed on M&#038;A growth strategies<br \/>\nand geographical expansion.<\/li>\n<li> Close to 50% of the respondents cite regulatory compliance as the biggest barrier to growth. The issue<br \/>\nof regulation is more acute for smaller asset managers than for the larger ones.<\/li>\n<li> Competitive pressure and retaining elite talent are other prevalent barriers to growth. <\/li>\n<\/ul>\n<p>Commenting on the findings of the survey, David Beveridge, Senior Product Marketing Manager at SimCorp<br \/>\nsaid: <em>\u201cStating that you want to grow by a certain percentage is one thing, figuring out how to best support your<br \/>\ngrowth strategy is another. If these investment firms, in particular the large ones, are to realize their optimistic<br \/>\ngrowth projections, they should take a critical look at their IT infrastructure, ensuring it enables them to operate<br \/>\nefficiently, scale their business, and make informed investment decisions.\u201d<\/em><\/p>\n<p>Adding to this Steve Young, Managing Director, Citisoft EMEA, said: <em>\u201cA key conclusion from the qualitative<br \/>\npart of this survey is that no matter which growth strategy an investment manager pursues, a consolidated and<br \/>\nmodern IT platform is essential. Whether growth is to be achieved through superior client service or product<br \/>\ninnovation, it is dependent on the ability to present timely, accurate investment data across the organization<br \/>\nand to bring new products swiftly to market. Both require tight system integration front-to-back.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SimCorp, a leading provider of investment management solutions and services for the global financial services<br \/>\nindustry, today released a survey, which shows significant assets under management (AuM) and revenue<br \/>\ngrowth expectations from investment managers in the next three years.<\/p>\n","protected":false},"author":20,"featured_media":58333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1481],"tags":[1655,1651,1437,1724],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/58335"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=58335"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/58335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/58333"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=58335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=58335"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=58335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}