Growth back on CEO agenda – KPMG

Thursday March 1st, 2012

Compared with other industries, including banking and insurance, investment managers are bullish about growth opportunities according to KPMG.

KPMG’s new report – Succeeding in a Changing World – found that 48% of the 105 CEOs and finance directors from EMEA investment management companies interviewed by KPMG identified the pursuit of growth through successful transactions as their number one priority. This is in contrast to other areas of the financial services sector, including banking and insurance, where only 32% and 29% of respondents, respectively, identified this as a priority.  

Addressing risk through the organisation and changing business operations to realise cost efficiencies were named as the other top issues for investment managers.

Tom Brown, European head of investment management at KPMG, commented: “Growth is very much back on the CEO agenda and, as banks and other financial institutions spin out their asset management businesses, investment managers are looking to snap up acquisitions as they come to market.”

To view the report, click here.

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