The Institute for Capital Market Research (“ICMR”) Malaysia launched its latest research publication, “The Evolving Business of Asset Management: Malaysia’s Perspective”. The report was the first joint-research collaboration between the ICMR and the Nomura Institute of Capital Markets Research (“NICMR”) based in Japan.
The ICMR’s report highlights that while the asset management industry of Malaysia has grown rapidly in the last decade, there are signs of a slowdown amidst fundamental shifts which are expected to alter the business landscape for asset managers in the future. These include changing demographic trends and investor preferences, the advent of digitalisation, availability of talent, as well as changes in market regulations and structure.
This report helps us assess the long-term potential for asset management in Malaysia, and what needs to be done to ensure its sustainability towards the future.