Top 5 trends transforming asset management

The asset management industry is now in a state of transition. Many products that defined asset management were conceived decades ago for a generation with different needs. Mutual funds were the most reasonable investment option of that era without charging investors exorbitant fees or exposing them to unwanted risks. Since then, the industry has changed in fundamental ways. Over the years, the sheen of active asset management was replaced with passive asset management. Not surprisingly, this change is again being challenged by new technologies — bringing hungrier and high return seeking new generation investors to capital markets. Disruptive technologies such as blockchain and artificial intelligence (AI) are revamping operating models and the factors influencing investment choices.