Crisis in Asset Management: Industry Profitability Under Siege
November 2008
Abstract: Casey Quirk and McLagan have collaborated to model the impact of the collapse of the financial market on the traditional asset management business. The paper discusses the impact on profitability, and more importantly, identifies the strategic and tactical decisions that managers will need to make in adjusting to the current financial environment. Some of the issues discussed include:
Abstract: Casey Quirk and McLagan have collaborated to model the impact of the collapse of the financial market on the traditional asset management business. The paper discusses the impact on profitability, and more importantly, identifies the strategic and tactical decisions that managers will need to make in adjusting to the current financial environment. Some of the issues discussed include:
- Impact of reduced revenues on firm profitability
- Tradeoffs between profit margin, headcount and incentive compensation
- Operating margin sensitivity
- Winners and losers
- Managers strategic and tactical options
2005 Business Benchmarking Survey:
Long-Term Incentive Alignment Drives Success July 2006
Abstract: This survey, conducted with McLagan Partners, summarizes some insights from our joint research on the drivers of asset management business success. The study found a significant relationship between long-term incentives and higher investment performance, between performance and net asset flow, and between asset flow, revenue growth, and higher profitability. > Download complete whitepaper
Long-Term Incentive Alignment Drives Success July 2006
Abstract: This survey, conducted with McLagan Partners, summarizes some insights from our joint research on the drivers of asset management business success. The study found a significant relationship between long-term incentives and higher investment performance, between performance and net asset flow, and between asset flow, revenue growth, and higher profitability. > Download complete whitepaper