Mid-sized managers must ‘scale or fail’ as asset owners increasingly look for bigger partners
Fund management companies which are mid-sized may find themselves in “no man’s land” where they are not small enough to be nimble but not big enough to compete against the industry behemoths
Investment managers with good governance procedures and focus on value will thrive in new DC landscape
Asset managers will need to demonstrate a commitment to good governance as defined contribution master trusts consolidate in time for 2030, according to Jonathan Lipkin, director for policy, strategy and innovation at the Investment Association.