Global Asset Management 2013: Capitalizing on the Recovery is The Boston Consulting Group’s eleventh annual worldwide study of the asset management industry. This year’s research shows that the global asset-management industry has finally returned to a growth path, winning a welcome respite after four years of stalled growth. Both total assets under management (AuM) and profits as a percentage of revenues nearly returned to precrisis levels.
Although these results reflect the beginning of a recovery, the increase in net new assets is relatively modest overall. In addition, managers face market volatility, weakening of some revenue margins, and wide variations in performance among managers, products, and regions.
The decade since BCG’s first annual Global Asset Management report has seen steady growth in the breadth of our market-sizing research and benchmarking studies. The goals of the research, however, have remained steadfast: to probe beneath the surface of the market landscape, identify trends, and provide insights aimed at helping managers build strong and prosperous paths to the future.