|
|
From Benedicte Gravrand, Geneva: The Boston Consulting Group (BCG) is regarded as a global leader in business strategy consulting. Michael Spellacy is partner and managing director at BCG’s New York office. His expertise lies in private banking and wealth management, asset management, alternative investments and across global capital markets. He shared some provocative perspectives with Opalesque.
“We see the inherent problems and challenges inside the industry”
BCG does a lot of work in alternative investments (AI) arena with the hedge funds themselves, with the financial sponsors and institutional investors who are involved in the alternative investment arena and with the alternative providers (the asset services, the downstream technology organisations and others). I think we bring in a unique perspective because we see not only the inflows of money and where people are allocating their money to but we also see the inherent problems and challenges inside the industry and the constraints the industry has more broadly.
The AI servicing industry is growing faster than the AI market
Propelled by ongoing strong demand from institutional investors, the alternative investment (AI) market (defined here as hedge funds and private equity vehicles) continues to expand rapidly, with total cash inflows in 2007 expected to be over 15% higher than in 2006. Growing even faster, however, is th...................... To view our full article Click here
|
|