Despite unfavourable conditions for the global custody industry as a whole in the first few months of the year, Ron O’Hanley, State Street’s new CEO, sees untapped opportunities.
Tag: asset owners
Over 90% of asset owners and managers believe more than 25% of their funds will be allocated towards ESG by 2021.
Asset owners are seriously considering bringing their trading capabilities in-house, which could result in a shrinkage of assets managed for a fee by managers.
Foundations, endowments and public pension funds lead the charge into ESG strategies.
Outsourcing partnerships were ranked as a relatively low priority as it is already a core part of many buy-side strategies.