Asset management chiefs share six industry concerns for 2018
By Tom Carnegie, 13 Mar 18
The asset and wealth management industry is about to usher in a period of disruption, with cyber security threats a big concern, chief executives across the sector have warned.
Regulation
Regulation was the greatest worry by AWM chief executives, with 83% stating that they are “somewhat or extremely concerned”.
“In Europe and the US, the Markets in Financial Instruments Directive II (Mifid II) and Department of Labor Fiduciary Rule respectively are set to squeeze margins.
“These regulations are putting further pressure on asset management fees and demanding greater transparency,” a PwC spokesperson said.
Tags: Asset Management | PWC | Wealth Management
