Important Features of the Development of the Asset Management Industry

Abstract

Under the pressure brought by economic downturn, financial market turbulence, fierce competition in the industry, as well as facing the changes and challenges brought by technological development, asset management institutions have to try their best to find ways to achieve better survival and development. These breaking through methods involve various aspects, including improving investment research capacity, promoting innovation and evolution of products, attaching importance to cost control and cost management and so on. In this article, the common advantages and characteristics of the winners who break through numerous difficulties are summarized. The successful experience has important reference significance for the development of other asset managers and the entire industry.