By Pascal HERNALSTEEN, Strategic consultant, GoJuSan
Imagine someone asking me to choose your next book. My recommendation will likely reflect my preferences more than yours, giving you insight into me rather than the book itself. If you dislike the book, the consequences are minor—you could return it or deal with the small cost.
Now, imagine the cost isn’t just a few euros, but 300,000 € per year, indexed for inflation over a decade, with an additional 50,000 € if you decide to switch. Suddenly, the stakes are much higher. This leads us to the key question: why do we outsource?
For Investment Managers (IMs), outsourcing should bring peace of mind, allowing focus on core activities such as fundraising, marketing, and...
|