WEST PALM BEACH, FL (www.hedgeco.net) – Investment management organizations should capitalize on the new investment demands so as to stay competitive in the years to come. Such was the messagedelivered to them at the “The 2005 SEI Investments Executive Conference: Developing Competitive Strategies.” SEI Investments a global provider of integrated operating solutions for investmentmanagement organizations, sponsored the two-day session to educate its traditional and alternative investment clients about industry trends and proactive practice management strategies.
Paul Schaeffer, who is Managing Director of Strategy & Innovation for SEI�s Investments, delivered the statement. Shafer said, “Investment management is a great business to be in, with enviable profit margins and strong growth potential. What’s more, it will get even better as the largest demographic cohort in history brings a flood of assets into the market and looks for new investment products.�
Another speaker, Chip Roame, Managing Principal of Tiburon Strategic Advisors, said the total investable assets held by consumers are expected to increase from $17 trillion to $30 trillion by 2010. Part of the reason is that the baby boomers are nearing retirement age. Geoff Bobroff, President of Bobroff Consulting, said, �While this segment is off the radar screen of most advisors, who need bigger accounts to be profitable, it holds enormous potential for firms that can leverage information technology to provide quality, scalable advice.”
Speakers saw significant growth potential across the institutional, high- net-worth and retail market segments across many product categories, including index funds, hedge funds and other alternatives, separate accounts, and exchange-traded funds. But they also cautioned that firms clinging to old business assumptions and models risk losing market share.
.
Paul Oranika
Editor-in-Chief
HedgeCo.Net
Email: Editor@hedgeco.net
HedgeCo.Net is the most popular hedge fund database and community in the world. Membership on HedgeCo.Net is free and easy. We also offer free listings for Hedge Funds!
Be sure to check out our sister sites. www.hedgefundlounge.com, www.hedgefundtools.com, and www.hedgefundemployment.com.
