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A report just published by PwC predicts global alternative assets will increase to US$ 15.3tn by 2020. In the lead up to it, the global alternative asset management industry is expected to experience a period of transformation as players calibrate their business and operations and make technology a top investment priority.
According to the report, ‘Alternative Asset Management in 2020: Fast Forward to Centre Stage’, the rapid developments in the global economic environment have pushed asset management to the forefront of social economic change. As a result, the need for sustainable long-term investment returns has propelled the alternative asset classes to centre stage. The principal focus for many firms will shift to creating a broader asset class and product mix and...
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