Fri, Mar 24, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

KPMG survey finds optimism among investment managers

Wednesday, July 10, 2013

Bailey McCann, Opalesque New York:

Despite lingering concerns over regulatory and political uncertainty, investment management executives indicate revenues and headcount are on the rise, and they appear more confident about the near-term future. They are poised to increase spending on information technology and many are eyeing merger & acquisition activity or geographic expansion to drive growth. However, legislative and regulatory pressures continue to loom as ongoing business concerns.

For this survey, KPMG asked more than 100 U.S. senior executives representing mutual funds, private equity funds, hedge funds, trusts, managed funds and other type of funds, about their outlook. The survey found that 81% have seen their revenues increase over the past year, up from 60% in last year’s survey, and 84% believe revenues will continue to increase over the next year – up from 69% last year.

The US continues to be the leader of the recovery with more than half of respondents citing the states as a bright spot in terms of asset flows, with the Asia Pacific region following behind at 28%. These improvements are also leading to hiring, 46% of those surveyed said they have added headcount over the last year.

"We're seeing hiring going up throughout the organization," Jim Suglia, national advisory leader, Investment Management, KPMG, tells Opalesque. "Compliance positions and IT are naturally leading the pack given the increased regulatory demand, but positions a......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Hedge fund liquidations in 2016 surpass 2009 levels, new launches decline[more]

    Benedicte Gravrand, Opalesque Geneva: Even as the hedge fund industry's total assets exceeded the $3tln milestone last year, hedge fund liquidations increased. So much so that 2016 had the highest number of liquidations since 2008, claims the latest HFR Market Microstructure Report, re

  2. Hedge funds find no joy in macro as returns lag Trump rally[more]

    From Gulfnews.com: In 2017, macro hedge funds were expected to shine. So far? Not so much. It's been a far from impressive first two months for funds that trade around macroeconomic events. Discretionary funds rose just 0.3 per cent through February, according to Hedge Fund Research Inc., while the

  3. Strategies - Billionaire investor Marc Lasry shares how he's playing markets right now, Classic models are failing FX hedge funds desperate for return[more]

    Billionaire investor Marc Lasry shares how he's playing markets right now From CNBC.com: Buy on the prospect of deregulation. Sell on the enactment of deregulation. That's the strategy that billionaire investor Marc Lasry is implementing, according to an interview with CNBC in Las Vegas

  4. Opalesque Exclusive: Aberdeen makes the case for the lower mid-market[more]

    Bailey McCann, Opalesque New York: Aberdeen Asset Management has released a new paper focused on lower mid-market private equity. According to the paper, this segment of the private equity market is gaining popularity with private equity investors that are looking for multiple expansion and less

  5. Hedge funds await outcome of French elections, feel pinch on lower oil prices & weak dollar[more]

    Komfie Manalo, Opalesque Asia: Hedge funds felt the pinch of lower oil prices and weak U.S. dollar as the Lyxor Hedge Fund Index was marginally down as of the week ending 14 March, Lyxor Asset Management said in its Weekly Briefing. The Lyxor He