Why Asset Management??

Asset management is a very profitable business with quite favorable long term outlook. The industry has been known for its high margins and returns, further the work we do -Investment Bankers- helps to put a value on publically traded assets.

There has always been a real demand from investors for expertise in how their money is managed. There has been talk of fees in the industry coming under pressure and there is always some risk of that, however –in my view-if we carefully analyses the market a one can conclude that the long term demand seems favorable. As many of the large emerging economies continue to develop and industrialize, their need for asset management services are likely to grow. Moreover, the expanding populations in many developing countries are likely to drive demand in future year. Asset management services are increasingly vital, as people need to ensure that they have enough saved-up to last them through the retirement years. All financial professionals must act in an ethical way and put their client interest before anything. You role as an intermediary is very important of course you have to see the big picture your role as an intermediary in the capital raising process in the global financial market. The integrity of this process is critical and it’s something you should carefully think about.

Asset management companies have a very promising future but they should keep up to their fiduciary responsibility to the asset owner. As an analyst you are helping to invest for others; saving for investors, pensions and retirement for government and private companies, education of children and research for schools and universities, etc. it’s important that we always think about the implications of our actions.

The above post is based on “A Guide for asset management” by Gillian D.