Asset Management

Alternative assets will be of the utmost importance, but not all alternatives are created equal. Uncovering the best opportunities for growth and renewal will be crucial. Asset management firms need to go beyond performance when it comes to providing best-in-class client experience and asset management services. The winners in distribution are creating data-driven business intelligence and further integrating the personalized needs of clients into the product development process, increasingly tailoring their offerings to such areas as ESG investing.

BCG’s asset management consulting teams partner with asset management firms to work through the strategic implications of changes in the market environment—and convert them into competitive advantages. Our partnerships with global asset management firms have made a lasting impact, including work on many cost transformation projects.

• Strategy and Growth. Linking an asset management firm’s strategy to its growth objectives and corporate ambitions is at the core of BCG’s mission. We have a strong track record of supporting clients in achieving their organic and inorganic growth targets, evolving their business models, and rethinking their strategies.
• Marketing and Sales. Shrinking margins over the past decade are forcing asset managers to focus on the bottom line as well as the top line—which has always been the most challenging. We address this asset management pain point by helping clients focus on some of the biggest drivers of revenue enhancement, including pricing, distribution, and sales force effectiveness.
• Investment Management. Value creation through investment management is key to every asset and wealth management company. BCG helps improve investment outcomes by using advanced analytics, streamlining the investment management organization and operating model, and implementing new methods of investment strategy development.
• IT, Operations, and Support. While new tools and technologies allow for an unprecedented increase in operational efficiency, asset management firms face internal hurdles, such as legacy systems and siloed operations, as well as the external threat of cyber attacks. BCG helps revamp technology strategies and transform operations and back-office functions, allowing asset management firms to better leverage their data and work in a more agile way.
• Transformation. Today, asset managers face a variety of challenges, which makes business transformation difficult. We help clients with transformational change across the value chain, enabling organizations to grow, build competitive advantage, and drive bottom-line impact.