Dean Frankle
AI and the Next Wave of Transformation
Global Asset Management Report 2024
Boston Consulting Group, 2024
What's inside?
Artificial intelligence will play a critical role in the evolution of the asset management industry.
Recommendation
In 2023, global asset management firms collectively were financial stewards of approximately $119 trillion in investor funds. Yet overall profitability decreased by 8.1%, raising concerns about the future health of the industry. Boston Consulting Group professionals undertake a thorough examination of the asset management sector in this detailed yearly report; they emphasize the challenges firms face and how they must adopt AI technology into their models. Investors, fund managers, and financial executives seeking an informative assessment of the future of asset management will find this an authoritative analysis.
Summary
About the Author
The Boston Consulting Group is a leading global consulting firm.
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