The white paper “The Evolving Asset Management Landscape: Only the Fittest Will Thrive” revealed a gap between the strategic priorities of asset managers and their appetite for structural changes that could prepare firms to meet the scale of future challenges ranging from increased competition and the impact of higher interest rates to regulatory change and technology disruption.

While 84% expect to grow, 22% plan to implement changes to their operating models to achieve efficiency and cost savings. The research also shows asset managers expect their top internal challenges over the next three years to include performance (59%), talent management (50%) and rising costs (44%). When asked how they expect to achieve efficiency and cost savings, 63% said they would deploy new technology.

“Addressing the internal challenges facing managers will require skill and a diverse mix of capabilities to continue on their growth course,” says Gerard Walsh, global head of capital markets client solutions. “Managers plan to deploy new technology and implement more cost-effective operational approaches, which can be difficult to do in a contracting market. In the next phase of the cycle, it seems likely that firms will seek more ways to develop orchestrated ecosystems that support their alpha generation activity.”

To read the press release in full and download the whitepaper visit .