Opalesque Industry Update - The asset management industry complements the Swiss financial industry with high operational efficiency and with a differentiating value proposition, according to the Swiss Asset Management Study 2022. With sustainable investment having entered center stage as the most important opportunity, the asset management industry in Switzerland stays on a growth path despite facing headwinds. The Institute of Financial Services Zug IFZ, part of Lucerne University of Applied Sciences and Arts, and the Asset Management Association Switzerland produced the fifth edition of the Swiss Asset Management Study providing a comprehensive overview of asset management in Switzerland. The study also highlights where the battlegrounds of the Swiss asset management hub are to improve its competitiveness and performance.
• Asset management is a strongly growing segment of the Swiss financial center with a high operational efficiency
• Switzerland is competitive as an asset management hub but with potential for improvement
• Asset management is an export industry
• The asset management industry creates jobs
• Sustainable investment is evaluated as the most important opportunity in the industry and is widely adopted by asset managers in Switzerland
• Asset managers see the integration of ESG into the investment process as part of their fiduciary duty to their clients
• Strong business performance in 2021 with an uncertain outlook for 2022 and beyond
• A new record in domestically managed assets was reached in 2021 More details: Article source - Opalesque is not responsible for the content of external internet sites |
Industry Updates
Asset management industry in Switzerland stays on growth path despite everything
Wednesday, August 24, 2022
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