Executive Summary

With global markets entering bear territory in June, the good times are rapidly coming to an end in the investment management space. Wealth and asset managers will need to balance making large-scale investments to drive client satisfaction with necessary cost-cutting measures.

Key Question: How should investment managers adjust their strategies amid the market downturn?

KEY STAT: The S&P 500 experienced its worst first half year since 1970, down 20.2%. The onset of the bear market is a blow to investment managers’ revenues that will force them to re-evaluate ambitious growth plans.