Fund Management
Wealth Managers Cautiously Upbeat On AuM Growth - Global Poll

The study of thousands of wealth and asset management figures worldwide shows a gently positive stance towards AuM growth over the next 12 months.
A global study of 2,700 financial professionals overseeing $134.6
billion in assets has found that they see limited growth in AuM
amid an air of cautious optimism, although they expect
competition will be strong as the world moves on from
COVID-19.
The survey by Natixis
Investment Managers looked at the views of registered
investment advisors, financial planners and independent
broker/dealers in 16 countries.
Respondents expect to see their assets under management increase
by 2.5 per cent over the next 12 months, with annualised growth
of 14 per cent over the next three years. More than two thirds
think this growth will be driven by new assets from new clients
(67 per cent) and new assets from current clients (63 per cent).
Fewer (47 per cent) are counting on market returns as a primary
growth driver.
When asked what clients over the past year were seeking more of,
nearly a third (29 per cent) said ESG-related investments,
indicating the rising interest in sustainable investments within
a portfolio. The survey also asked financial professionals about
the use of alternatives (private equity, real estate, hedge
funds, etc.,) with (54 per cent) saying they are more attractive
in the current market environment and (68 per cent) using them as
a potential way to generate yield.
Within alternatives, more than a third (35 per cent) surveyed
recommended the use of real assets with (34 per cent) also seeing
the benefits of infrastructure investing.
“Financial professionals are re-evaluating investment assumptions
and strategising for more potentially uncertain markets and
business scenarios,” Darren Pilbeam, managing director, UK retail
and wholesale sales at Natixis, said.