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安永(EY):2026年资产管理的未来研究报告(中译版)(38页).pdf

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1、12026 EY Future of Asset Management StudyContentsExecutive summaryChapter 1 What might change:preparing for a range of radical futuresChapter 2 Where we are now:differentiation in asset management remains elusiveChapter 3 Where were going next:blueprints for the future in the era of differentiationC

2、hapter 4 How to get there:practical levers of transformationChapter 5 ConclusionChapter 6 MethodologyContacts3410142430323432026 EY Future of Asset Management StudyTo answer this,we gathered the plans and predictions of asset management CFOs(some respondents hold dual CFO and COO roles)around the wo

3、rld and combined them with our experience and conversations with clients.Our work shows that asset management leaders have a robust understanding that future growth depends on their ability to scale,offer innovative products to a full range of client segments and distribution channels,and use techno

4、logy especially artificial intelligence(AI)to supercharge every aspect of the value chain.However,strategic visions for key areas like technology,talent,operations and products are rarely distinctive.Firms often favor incremental change over reinvention,with many needing to work harder to develop a

5、truly distinctive vision for success.While firms are thinking boldly about the future,there is a cohort that is cautious about transformation,with less focus on key enablers like data,the use of generative AI(GenAI)or emerging concepts like tokenization.And a minority seem reluctant to acknowledge t

6、he need for change at all.Overall,many firms remain unsure how to develop an“unfair advantage”or a“right to win.”The winners of the future will not merely boast exceptional scale,specialization or advanced technological capabilities.They will have the strategic agility to transform at pace and take

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1. **行业现状与挑战**:资产管理行业面临增长与盈利性矛盾(2020-2024年AUM年增5%,营收年增4.6%,但运营利润率承压),头部机构集中度提升(前20大机构管理47% AUM),差异化竞争不足。 2. **未来关键趋势**: - **技术驱动**:AI(尤其是生成式AI)和区块链(如通证化)重塑价值链,预计2030年私募市场AUM将超30万亿美元。 - **产品与分销**:私募市场、数字资产及可持续投资成为增长引擎,零售投资者对另类资产需求上升(61%认为其重要)。 - **运营模式**:需从成本削减转向规模化、精益运营,依赖外包服务(如金融、合规)及全球能力中心(GCC)。 3. **转型路径**: - **客户中心化**:提供定制化解决方案,适应年轻投资者需求。 - **技术赋能**:构建AI驱动的数据架构,实现自动化与实时洞察。 - **战略协作**:通过并购、伙伴关系(如与科技巨头整合)及模块化生态提升竞争力。 4. **核心结论**:未来赢家需具备战略敏捷性,结合规模、技术、差异化能力,在非线性、加速、波动、互联(NAVI)世界中快速转型。
未来赢家是谁? 如何打造差异化? AI如何颠覆行业?
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