2013 Investment Management Outlooks
Conditioning to win
As any endurance trainer will tell you, relentless conditioning is the key to success. Every day, you need to push yourself harder and resist the temptation to take it easy. And you have to commit to doing all of these things regardless of what’s going on outside or otherwise competing for your attention.
This type of conditioning might sound all too familiar to today’s investment managers. To varying degrees, hedge fund, private equity, and mutual fund executives are being pressured to step up their performance. For private equity and hedge funds, performance means living up to their historic ability to persevere throughout economic cycles and market volatility, all while managing the added weight of a heavier regulatory burden and increasing demands by investors. For mutual fund firms, it means less about shouldering new regulations than it does about taking advantage of other investment vehicles and distribution channels to keep assets under management growing.
As great as the challenges are that investment managers now face, we are encouraged by those who came out of the past year stronger than they went in. In 2013, we expect more funds to thrive as they focus their investments and capability building in three key areas: adapting to an evolving regulatory landscape, exploring non-traditional growth opportunities, and shifting more of their attention back to operational efficiency.
With this backdrop in mind, we are pleased to present our 2013 Investment Management Outlooks:
|Private equity fund outlook: In search of a firm footing|
|Hedge fund outlook: Some gains, more pain|
|Mutual fund outlook: Shifting gears for future growth|