PwC Luxembourg and CACEIS jointly published research on realising the opportunities in the institutional investor market.
PwC and CACEIS conducted a survey which measures the satisfaction of European institutional investors with external asset managers. The report highlights institutional investors' awareness and the importance they place upon a number of criteria critical to their relationship with asset managers. The survey's responses fell into two categories: areas in which satisfaction is being met, like expertise, quality of advice, operational strength and independent verification; and those in which expectations are falling short, including performance, fees, risk transparency and the quality of reporting. The analysis and conclusions taken from institutional investors' responses gave rise to the PwC-CACEIS Assurance Model, which should be at the forefront of any asset manager's mind when considering offering their services to institutional investors.
PwC Luxembourg and CACEIS jointly publish research on creating competitive advantage in a new fund distribution paradigm.
The report anticipates a number of key drivers of change and resulting scenarios for the industry. Overall, the research found that drivers such as regulatory developments with a strong focus on consumer protection and regulation at the point of sale; the shift of global economic power toward SAAME (South America, Asia, Africa and the Middle East) countries; the ageing of the population; competition from substitute products; and greater use of social media are set to challenge the asset management industry to come up with new thinking to promote their products in a manner that is different from current traditional patterns.
Ideal Advice A step-change in the industry's relationship with the individual investor
Within this report we examine the state of play of financial advice within Europe and provide a set of key recommendations which we believe are critical to enhance the overall quality of investment advice. In our view, now is the time for our industry to take bold and convincing steps and an active role in achieving a business model that is both sustainable and investor centric.
Ideal Fund Reengineering the fund value proposition
This paper takes an investor-centric approach to examine the mutual fund value proposition and outlines recommendations for governments and the industry to promote sustainable solutions that will serve investors. The focus is on the long-term investment goals of European retail investors.