The Complete Firm 2013

Competing for the 21st Century Investor

February 2013

Abstract Slowing revenue growth will reshape the industry’s revenue opportunities. Who are tomorrow’s most successful competitors? This white paper outlines the value propositions and strategic initiatives that will separate future industry leaders from the rest of the pack.

2013 Consultant Search Forecast

January 2013

Abstract Casey Quirk and eVestment have worked together to produce their seventh annual survey of investment consultants in the United States.

Untapped Opportunity

Realizing Value in Continental Europe's Asset Managers

JUNE 2011

Abstract This paper argues that Continental Europe's banks and insurers could unlock significant value for shareholders by implementing any of four strategic changes which will raise revenues and boost overall shareholder value.

The Sun Also Rises

Growth Strategies for Japanese Asset Managers

MAY 2010

Abstract This whitepaper outlines how Japanese fund managers can strengthen their competitive positioning at home and abroad by managing fewer, larger funds, reducing home bias and improving incentive alignment structures.

Target-date Retirement Funds:

The New Defined Contribution Battleground

November 2009

Abstract This paper outlines success factors required to gather assets in the rapidly changing defined contribution marketplace. Customization, indexation and decumulation are all themes reshaping target-date products.

The Hedge Fund of Tomorrow:

Building an Enduring Firm

April 2009

Abstract This report continues a longstanding collaboration with the Bank of New York Mellon on hedge fund research, and examines the business issues facing hedge fund managers in a rapidly evolving global operating environment.

Crisis in Asset Management:

Industry Profitability Under Siege

November 2008

Abstract Collapse of global securities and commodities markets already guarantees significantly reduced AUM and revenues for 2009.

The New Gatekeepers:

Winning Business Models For Investments Outsourcing

December 2008

Abstract This paper defines and explains the rise of investments outsourcing among U.S. institutional investors. The study presents key findings from a Casey Quirk survey of more than 20 of America's largest investments outsourcing vendors.

The Brave New World:

Winning Product Strategies for a Changing Global Market

September 2007

Abstract This work is an extension of the Success in Investment Management series.

Institutional Demand for Hedgefunds 2:

A Global Perspective

September 2006

Abstract In 2004, we published a ground-breaking white paper, Institutional Demand for Hedge Funds: New Opportunities and New Standards. That study concluded that increasing institutional investment in hedge funds would have a dramatic and lasting impact on the hedge fund industry.

2005 Business Benchmarking Survey:

Long-Term Incentive Alignment Drives Success

July 2006

Abstract As advisors to the asset management industry over the past twenty years, we are constantly asking ourselves: “What are the key ingredients to a successful asset management firm?” Based on our observations and experience working with managers, we have developed a set of principles that we believe contribute to success.

Institutional Demand for Hedgefunds:

New Opportunities and New Standards

September 2004

Abstract The hedge fund industry was midway through an important transition in its source of capital. In 1999, hedge funds derived virtually all of their assets from wealthy individuals. Institutional interest was limited to a small number of endowments and foundations. From 2004-2009 we believed institutions (including pension funds) were likely to provide an additional $250 billion of hedge fund capital, accounting for 35 percent of net new flows in this period.

Success in Investment Management:

Three Years Later

October 2003

Abstract In the fall of 1999, we set about examining how the investment management industry might evolve over the next decade.

Fund of Hedge Funds:

Rethinking resource requirements

September 2001

Abstract Our research explains the global fund of hedge funds (FOHF) market, and the factors that we believed would drive future success for providers.

Success in Investment Management:

Building and Managing the Complete Firm

June 2000

Abstract This paper is motivated by our belief that the investment management industry is rapidly entering the next phase of its maturity.