Matthieu Duncan, chief executive of Ostrum Asset Management, the subsidiary of Natixis Investment Managers, has said rising costs as a result of increasing regulation combined with pressures on fee margins, means digital transformation has become crucial to the running of an asset management business.
Although Duncan said heightened regulation has improved investor protection since the Global Financial Crisis, it has also led to higher costs, which are set to continue to climb. Speaking at an Ostrum...
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