EYs 11th annual Hedge Fund and Investor Survey found that hedge fund managers are actively seeking innovative ways to improve operational efficiency and grow their asset base, as pressure on margins shows no signs of abating.
Robotics. Big data. Artificial intelligence. Blockchain. Just five short years ago, many would say even more recently – few would have uttered any of these words in the same breath as “hedge fund.” Whether viewed as innovation or evolution, the hedge fund industry has joined with the vast majority of the world in acknowledging the advent of, and the need to embrace, these business-altering technologies.
Technology-driven disruption is changing financial services organizations enterprise wide. Today, it’s not about having a digital strategy — it’s about defining your business strategy in a digital world. Disruptive innovation will touch every aspect of our lives.
It is the future of business, and the world. The accelerated pace at which everything is changing means that the industry has to look at things differently and think in new ways. The industry must ask:
The industry must become more agile, to anticipate and manage shifting investor demands, embrace convergence across asset classes and seize opportunities as they present themselves both within traditional financial services and beyond.
Some of the key observations from the survey are:
Read the survey to learn the full details or get in touch to learn more.