MOW study: outsourcing levels lower than expected


LONDON -- Large asset managers hold a competitive advantage by keeping their back-office operations in-house, suggesting outsourcers will find this market a hard one to crack.

That was the message of Imran Gulamhuseinwala -- a senior manager at London-based consultancy Mercer Oliver Wyman (MOW), during a March 23 press briefing. The consultant was presenting the findings of the firm’s white paper, published March 18, entitled Global Asset Management: Who Wants Performance?

"A lot of people who

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