A recent study on cloud usage in the investment management industry found that not only are cloud adoption rates rising, but so are satisfaction levels. Of 101 senior-level investment management executives surveyed, 87 percent said they are using cloud services and 90 percent of those users said that their chosen cloud model meets or exceeds expectations.
It has been approximately six years since the financial crisis of 2007, and assets under management in the fund management space have now returned to their pre-crisis levels. So does that mean the industry is back to where it was? Do comparable AUMs translate into comparable levels of profitability?
The number of announcements about electronic bond trading marketplaces launching, relauching, expanding, or trying to launch can sometimes seem too numerous to track. Yet these announcements come at a time when many are scratching their heads about the bond market.
It's no secret that traditional private equity firms have been hell-bent on diversifying over the last few years -- with good reason. At this point, even referring to the likes of Blackstone and KKR as private equity companies seems a little off. Alternative asset manager may be more accurate, though it lacks pizazz.