As industry margins continue to experience compression and many active managers remain challenged by outflows to passive products, active firms’ leadership teams have responded by being more proactive in cutting costs, seeking new efficiencies, and focusing on areas of innovation or differentiation for their businesses. Taking that dynamic into account along with heightened interest from our clients, we recently surveyed a large sample of asset managers to assess industry trends and best practices relating to:
- Recruiting and retention strategies
- Uses of technology
- Workforce diversity
The results of the survey provide insights on several new approaches, challenges, and opportunities for industry firms to consider, a copy of which can be found here.