Rebooting the global asset management industry

40 Rebooting the global asset management industry Aims This section highlights actions being taken by asset managers to capitalize on the great wealth transfer. It pursues four pertinent issues that highlight the distinctive features of what are regarded as the winning business models: • What steps are being taken to become clients’ trusted advisors via a better alignment of interests? • How are the distribution capabilities being enhanced to scale up the business? • How are the investment capabilities being enhanced to retain relevance in a winner-takes-all landscape? • On a three-year forward look, what asset classes and geographies are likely to be the growth engines? Capitalizing on the Great Wealth Transfer What Do the Winning Business Models Look Like? 4