Moving toward a new industry structure and regulatory framework

The asset management industry emerged from a slower than expected global economic recovery in 2011 with its focus divided between pursuing growth opportunities and meeting new regulatory requirements. Macroeconomic pressures and regulatory changes are compressing returns and limiting immediate growth prospects. Firms, advisers and fund managers that successfully adapt to the new industry structure and regulatory framework may find their role in the marketplace shift in significant and positive ways. Newly registered investment advisers, private equity funds and hedge funds operating in this new environment do so under heightened regulator and investor expectations.

To shed light on these topics, Grant Thornton’s Asset Management group has released the 2nd annual industry update to provide insight on industry trends and challenges, as well as overarching changes in legislation, regulation and compensation protocols.

Topics featured include:

• Asset management classes
• Regulatory framework developments
• Washington update
• Compensation reform triggers
• The impact of the JOBS Act on asset management opportunities

For more information on these topics, please contact Michael Patanella, National Asset Management Industry Leader.