Asset Management

Buoyed by rising markets, the asset management industry in Asia has grown significantly in the last decade. Expansion into new markets, especially China, heightened expectations from investors and customers, ever-growing product palettes – ETFs and Alts being only two examples, a slew of regulatory changes and the entrance of new, technology-savvy players – all of these factors mean that asset managers are facing fundamental challenges to their business models.

The leaders of today’s asset management businesses must navigate multiple, complex marketplaces and seek to position themselves as not only effective and efficient stewards of investors’ capital but also providers of strategic insights.

With decades of experience of the Asian markets, KPMG brings genuine local expertise to bear on our clients’ issues. More specifically, KPMG’s Wealth and Asset Management Centre of Excellence has the depth of expertise to help asset managers address their most critical issues. We bring global industry experience, ally that to local market knowledge and then bring deep functional and technical expertise to deliver solutions that help our clients win.

Recent years have seen the wealth management industry in Asia continue to grow rapidly. Rising markets, the generation of huge wealth in China and rapidly increasing digitisation have come to characterise the wealth market in the region.

Demographic trends, evolving client needs and a fluid fiscal policy will continue to underpin the growth of the industry in the medium term. KPMG expects the wealth management industry to play the central role in helping individuals meet their financial objectives for many years to come. The industry must, however, continue to innovate in order to respond to new challenges and opportunities, including more volatile market conditions, evolving client expectations, sustained regulatory scrutiny and climate change.