Bobsguide – Stakeholder numbers, both individual and institutional, in alternative asset vehicles are expected to grow a phenomenal 210% in the next five years, spurring a corresponding demand fornew software and technology to manage investor relationships.
The asset management industry is experiencing tremendous growth in assets under management, as well as the numbers of shareholders that need serving. Carbon360 Research estimates that the total number of alternative and separate managed account shareholders will grow from 13.3 million shareholders in 2005 to 41.2 million in 2010.
“Investment managers are facing increasing external pressures, such as more stringent regulatory requirements, and suitability and accreditation tests,” said Brian Shapiro, President of Carbon360, a research firm focused on the investment management services business. “With SEC registration, managers are required to create, retain and submit information related to their business practices, clients and adherence to regulatory requirements,” he said.
