Fund managers eye bumper inflows over next five years

Tags: News
Fund managers across the globe are optimistic about attracting more investors over the next five years, a survey by consultants EY showed, while also indicating that some managers are starting to feel the pinch from regulatory pressure over pay.

EY's "Global Regulated Funds Survey 2014" showed managers in North America and Europe expected growth of 10% a year in net inflows, while those in Latin America and Asia expected growth of 7% a year.

"When you recognize that relatively recent net new money growth rates for the overall industry have been in the range of 3% to 5%, it's clear that managers of regulated funds are feeling pretty bullish," said Mike Lee, Global Wealth Asset Management Leader at EY in a statement.

"To hit this growth rate, managers are looking to tap into investors' search for yield in the on-going low interest rate environment," he added.

The survey also found that European managers are increasingly seeing their pay packages tweaked to align them with the interests of investors.

56% of European managers said regulatory changes had the greatest impact on their compensation structure or methodology, versus 5% of North American managers and 13% of managers in Asia and Latin America, it said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Skill gaps faced by India’s graduates cannot be filled easily

    India, the third largest economy in the world with regard to purchasing power parity, is expected to overtake China in its working population by 2028.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

M S Swaminathan

Public good research in agriculture

Public good research in agriculture is designed to promote risk ...

Purnendu Ghosh

Why we must know the rules of the game

We like to believe that people are good and we ...

Shona Adhikari

Pop art is truly a feast for the eyes

The internationally reknowned Bruno Art Group’s presence in India had ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture