Morse's Miriam Edelman who conducted the survey, says 95% of respondents expect changes to their operating model precipitated primarily by the introduction of new instruments and new products; of these, 30% believe that the operating model will be a constraint on achieving business objectives.
Interestingly, Edelman reports that traditional asset managers seemed as affected by the anticipated focus on exotic instruments as their alternative counterparts - hedge funds and funds of funds.
Anthony and James look at developments pertaining to the Consolidated Audit Trail and wonder if big-tech companies could challenge traditional asset managers.Subscribe to Weekly Wrap emails
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