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Over the next two years, 99% of fund managers believe it will become much harder to navigate regulatory complexities, and this will fuel greater levels of outsourcing and a stronger focus on innovation. This is according to new research from Carne Group, a leader in fund regulation and governance solutions for the asset management industry.
Carne Group commissioned research with fund managers in 10 countries that collectively manage $1.6 trillion. The study found that over the next 12 months, 41% expect to dramatically increase their use of third-party service providers when it comes to their fund administration functions, and a further 50% expect their use of them to increase slightly. Those surveyed identified the top three reasons for this increase being the...
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