Recent research from PwC predicting that global assets under management will rise to around $101.7 trillion by 2020 from a 2012 total of $63.9 trillion provides good grounds for optimism in the Channel Islands. Given their strength and experience in the asset management industry and their focus on international relationships, the Channel Islands are well placed to play a significant role in the positive story outlined in this major piece of global thought leadership, entitled 'Asset Management 2020: a Brave New World'. The report provides a deeper dive into the impact of global economic, social and political mega trends on asset managers and is essential reading for all senior staff who need to keep abreast of changes in the asset management industry landscape. Both Guernsey and Jersey, with their innovative approach to servicing the asset management industry, are well placed to address the issues contained within the report and embrace resulting opportunities.
Click http://www.pwc.com/jg/en/publications/asset-management-2020-a-brave-new-world.jhtml to read more detailed report.