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By Eric CRABIÉ, Partner and Romual POOS, Senior Manager, BearingPoint
The External Asset Managers (EAMs) market represents around 2.500 companies in Europe with a total of 430 billion US Dollar AUM. It is a dynamic market with an increasingly significant weight in the financial market.
With this evolution, the number of EAMs with more of 1 billion AUM are increasing (about 100 in Switzerland and 10 in Luxembourg) with an increasing between 2020 and 2021 of their AUM (+19%). Today, assets managed by EAMs represent 11% of all assets held by private banks in Europe.
With this significant size, EAMs are more and more organize and equipped with an investment of between 1 and 2 bps/AUM on IT (CRM/CLM, PMS, …)...
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