Australian Investment Management Survey 2007

The PricewaterhouseCoopers Australian Investment Management Survey 2007 was conducted in May and June 2007. Thirty four investment management organisations, representing assets under management/administration of more than $1 trillion, participated in the survey and/or the chief executives roundtable meeting.

The survey was conducted by an in-depth online questionnaire targeting responses from the Chief Executive Officer (CEO), Chief Investment Officer, Chief Operating Officer and Chief Financial Officer.

Key themes from the survey

Our survey highlights that CEOs are expecting continued success for their business but are aware of the challenges that lie ahead:
  • The industry enjoyed another successful year benefiting from robust markets and superannuation fund flows.
  • Organisations are experiencing pressure on margins leading to greater innovation and a move to alternative markets.
  • The industry is increasingly recognising its export potential.
  • Finding and retaining key people is an increasingly complex.
  • In order to achieve aspirational growth, investment managers will need to become more customer centric.
  • While managers are looking to leverage existing product suites, Treasury’s contemplation of creating a more workable product rationalisation regime clearly remains a welcome initiative.
  • The demand for investment vehicles that acknowledge the importance of environmental sustainability is growing.
  • Despite growth and innovation, investment managers are aware of the operational risks of increasing their product suites.
  • Managing conflicts of interest continues to be a challenging area.
  • Lesson learned from overseas is to prepare early for the anti-money laundering requirements.
  • The continued innovation and increasing number of alternative products is changing the risk landscape.
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Australian Investment Management Survey 2007