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How Four Asset Managers Are Innovating Amid Increased Pressures

by businessinsider.com posted 2months ago 15 views
Asset managers facing lower margins are having a hard time finding and implementing innovative cost-cutting measures, according to a new report from Cerulli Associates. The research firm highlighted a few managers who are thinking creatively, from a manager with a unique portfolio manager compensation structure to another that switched custodians for lower fees. Visit Business Insider's homepage for more stories. Asset managers are struggling to find creative ways to address industry headwinds, including fee pressures and clients fleeing higher-revenue products, that have brought margins to recession-level lows.

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