Canadian Asset Managers: Ahead of the Curve

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Canadian asset managers weathered the financial crisis largely unscathed, and are well positioned to focus on growing assets and revenue.

Boston, February 14, 2011 – A new report from Aite Group presents an in-depth snapshot of the Canadian asset management space, including its current priorities and concerns. Based on in-person Aite Group interviews with Canadian asset managers in spring and summer 2010, the report is the first in a series of Aite Group reports focusing on the Canadian market.

While the global financial services community took a beating during the financial crisis, Canadian asset managers fared relatively well due to tight regulation, a conservative business environment, a comparatively small market, and a fiscally prudent government. That said, Canadian asset managers are operating in a new global business climate, and improving operational efficiencies and addressing regulatory change are as much of a concern in Canada as anywhere else. Today, Canadian asset managers are focused on achieving solid investment performance and meeting client objectives. Growing firm assets (and thereby revenue base) is another important goal as economic and financial markets move into recovery.

“The Canadian asset management business is in good standing, and firms have recently completed or launched new projects to enhance investments and operations,” says Denise Valentine, senior analyst with Aite Group and author of this report. “Canada may be ahead of the curve as the global economy begins to recover, but its asset management industry must continue to work to keep up with regulatory changes.”

This 50-page Impact Report contains 35 figures and six tables. Clients of Aite Group’s Institutional Securities & Investments service can download the report by clicking on the icon to the right.

About Aite Group

Aite Group is a leading independent research and advisory firm focused on business, technology and regulatory issues and their impact on the financial services industry. It was founded by leading industry experts in Banking and Securities & Investments. Aite Group brings together a team of business strategy, technology and regulatory experts to deliver comprehensive, timely, and actionable advice to financial institutions and technology vendors. It seeks to become a true partner, advisor, and catalyst by exchanging ideas and challenging basic assumptions to ensure that our clients always stay one step ahead of the competition.