NCI: Boutiques must use 'shared technology' to compete against passives

Rising regulatory cost environment

Tom Eckett
clock • 3 min read

In order to compete in an environment of rising regulatory costs and increasing competition from passives, active managers must take steps to innovate through the use of shared technology, according to a report by the New City Initiative (NCI).

Amid rising regulatory costs, asset managers must employ solutions such as blockchain and "shared technology" to achieve greater economies of scale, the NCI said in its paper Delivering value for money - The case for boutique active management. Charles Gubert, author of the report and consultant to the NCI, which represents the interests of asset management boutiques, highlighted opportunities for the industry "through increasing the use of shared technology or collaborative purchasing of outsourced services", but said this will require a "concerted effort and organisation". One NCI m...

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