Asset management CEOs are more confident as equity markets have rallied and fundamental shifts in the financial ecosystem increase demands for their investment services, What’s more, their optimism is taking root as they actively invest to stimulate future growth. Their expansion plans include mergers and acquisitions, investment in technology and hiring more people. They’re voting with their pocket books.
Cost reduction is still important but it’s becoming less of a priority as CEOs make plans for growth. It’s interesting to note that people see the best opportunities for growth in the United States and Western Europe. But regulation clearly remains a strong headwind.