How can the industry support boutique managers and innovation?

Framework by New City Initiative

As pressure mounts on the actively-managed funds industry to prove its worth and demonstrate added value for clients, the role of smaller asset managers has never been more important.

The attraction of boutiques is they can provide a specialist approach, focused around a few key individuals or teams, and do not have the legacy burdens of bigger operations. This is particularly appealing as asset management consolidation accelerates, creating investment monoliths which could face challenges maintaining their performance records. Encouraging the launch and growth of new firms offering innovative products and services is also crucial for boosting competition in this space.  However, at a time when boutiques are needed most, the headwinds for this part of the industry ...