Business performance in investment management falls to 2008 levels

Slump in profitability

Lauren Mason
clock
Profitability among participating firms fell by 61%
Image:

Profitability among participating firms fell by 61%

The investment management sector has suffered an 18-month decline in profitability, according to the Q1 2019 CBI/PwC Financial Services Survey, marking its longest period of decline since 2001/2002.

The report found that during Q1, profitability among participating firms fell by 61% while volumes of business decreased by 80%. Meanwhile, overall optimism fell by 22%. The research team at PwC said...

To continue reading this article...

Join Investment week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot