PwC

The asset consultant has rounded out its real assets and private markets research with two new appointments as both areas grow in importance to the institutional investors it services.

While PwC expects the asset and wealth management sector to see a rebound in assets under management by 2027, it predicts a vastly changed landscape in which the top 10 per cent of managers will control half of all mutual fund assets globally.

Nobody questions the need to fix super, although there appears little consensus on what needs to be changed and how. Treasurer Josh Frydenberg’s October “recovery” Budget delivered an unwelcome surprise to the $3 trillion super industry: a slew of reforms under the title ‘Your Future Your Super’ which could fundamentally alter retirement outcomes. The changes,…

The major asset servicing firms are widening their field of vision and have, for the most part, become front-to-back-office providers, as middle-office outsourcing becomes ubiquitous for big investors and managers. It is a development which has taken place concurrently with tightening revenue streams among asset managers, which are often under the same ownership umbrella as…

David Coogan notches up his 30th straight CMSF conference this May, at which he resigns from the finance, risk and compliance committee of AIST, and accepts another round of grateful applause for his services to the super industry and heads into semi-retirement. When he attended the first CMSF in 1990, held almost as an act…

Asia Pacific will lead the other major regions for growth in assets under management over the next five years, according to study by PwC. Asia Pacific growth will outpace that in Europe and North America in both best and worst-case scenarios. The study, ‘The Power to Shape the Future – Asset and Wealth Management Revolution,’…