As markets mature and country profitability levels converge, distributors are likely to outsource asset management in order to maintain competitiveness
Creating a successful sub-advisory partnership is no easy task, requiring careful strategy selection, an alignment of interests between both parties and the involvement of information technology staff in the construction of a suitable infrastructure
The rationale behind outsourcing asset management is the same as for outsourcing other non-core activities: allowing professionals with specialised skill sets and greater resources to manage or advise on an area outside a firm’s core expertise
