德勤：2024年投资管理行业展望报告_32页_1mb

德勤2024年投资管理行业展望总结

Do Good, Make Money
Date: 2024
Author: Deloitte Center for Financial Services

1. Key Insights

1.1 The Quiet Revolution of Technology

• Despite pressure from declining returns, investment managers are investing strategically in technology, but the payback for highly digital firms remains uncertain.
• Emerging technologies like generative AI (GenAI) offer productivity gains across investment, operations, and client relations.
• Quantum computing poses future risks and opportunities, requiring proactive security measures for data.

1.2 What's Driving Performance?

• Elevated client expectations extend beyond returns to include personalized service, timely communication, and tax efficiency.
• ESG and thematic investing (e.g., space and healthcare) are key areas for product innovation.
• Digital transformation is critical for improving operational efficiency—firms with stronger talent alignment and company culture are better positioned for strategic objectives.

1.3 Deep Dive into the Numbers

• Hedge funds and private equity face fragmented returns, with some top managers outperforming industry benchmarks in 2023.
• Fee-dependent strategies (active funds/equities) continue their secular decline in AUM, signaling that low-return strategies won’t recover without improved technology or scale.

1.4 Connectivity Matters Most

• Deeper ESG governance frameworks and clear processes are critical for sustainable practices.
• Client experience is paramount—managers are bolstering digital tools to increase transparency, responsiveness, and personalization.

1.5 Shaping the Future

• M&A activity continues to prioritize value-adding technology and integrated systems, with a shift in deal strategy.
• Well-defined leadership culture and purpose-driven teams correlate strongly with accelerated transformation and operational outcomes.
• Flexible workplaces and DEI initiatives boost engagement and performance where they align with client and employee expectations.

2. Key Questions to Ask