Description

Asset management is a highly significant sector in the global financial industry, primarily driven by two key factors; investors' increased need to optimize returns on their investments and the escalating complexity of financial markets. Its subcategories are institutional asset management and retail asset management. Institutional asset management involves managing funds for organizations like pension funds, financial institutions, governments, etc., where significant investment amounts are involved. On the other hand, retail asset management is for individual investors interested in a wide range of funds. Amplified regulatory scrutiny, tech advancements, and a heightened need for transparency and risk management are the factors impacting these subcategories. Consequently, the capabilities of asset managers are continually evolving, with a specific focus on offering diversified services and advanced solutions better adapted to complex, dynamic marketplace needs.