2026 investment management outlook
Seizing opportunity with new sources of growth and the elusive search for scale
Is active management being rebuilt, repackaged, or both?
How quickly is regulatory change accelerating the reinvention of investment management?
What skills will define success in the next era of the investment management industry?
As AI matures, can investment firms scale it without losing control?
The investment management industry enters 2026 with a paradox: Profit growth remains elusive, yet the opportunities for differentiation have rarely been greater. Many investors continue to migrate to low‑cost vehicles, alternatives (private markets specifically) are capturing the next leg of growth, and some leaders are scaling artificial intelligence from isolated experiments to enterprise platforms. At the same time, technology spend, compliance obligations, and distribution complexity are pushing some firms to rethink operating models, talent, and product architectures.
Download the report and explore our analysis on these themes and some important choices available for investment management teams through the remainder of this year and into the next.
