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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.

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AWM chief executives are struggling to get to grips with how technology is changing consumer behaviour.

Simply, customers want better products and services, more quickly and at a lower cost. However, just 38% of those interviewed believe that robotics and alternative intelligence (AI) can improve the consumer experience.

“This seems a very low number and hard to reconcile with the possibility that AI may come to reduce or eliminate completely the use of the investment analyst,” the PwC spokesperson said.

Tags: Asset Management | PWC | Wealth Management

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.