Global survey: 41% of global investment management industry in the red - structured approach to cost management separates winners from losers
The investment management industry has been through some of the toughest timesin its modern history. Consequently, a global SimCorp StrategyLab surveyindicates that as much as 41% of the entire industry is operating with costrates at or above 99%. Financial top performers in the industry tend to pursuestructured cost reduction methodologies such as Business Process Improvement(BPI) or Lean Six Sigma. Cost ratios have become fundamental in distinguishingwinners from losers across the full range of asset managers, says Director ofSimCorp StrategyLab, professor Ingo Walter. Close to