Asset managers are placing greater emphasis on core investment capabilities, outsourcing non-core functions and expanding the use of artificial intelligence (AI) as they pursue growth, according to the survey.
Northern Trust has published its Driving Growth in Asset Management 2026 report, based on a survey of 300 senior executives from asset management firms across North America, Europe, the Middle East, and Africa (EMEA) and Asia-Pacific (Apac). The report also highlighted a growing shift towards outsourcing The study found that firms are becoming more selective in their growth strategies, focusing resources on investment expertise, client outcomes and distribution rather than broad product expa