While much of 2020 and the first half of 2021 has been spent battling the COVID-19 pandemic, another sea change is on the horizon: the rise of Millennials and Generation Z in the global workforce and as investors.
For the asset management industry, it is hard to overstate the effect this younger workforce will have over the coming decade. Their impact will range from their lower tolerance for manual, paper-based work, to the implications of creating environmental, social and governance (ESG) products for their investment portfolios.
Whether they are your end investors or predominating your workforce, ignore this generation of digital natives at your peril. Embrace their optimism, social consciousness and need for technological automation – and let it transform your operations.
This paper will examine the broader trends in fund administration over the coming ten years and the impact of a younger workforce both on operations and as clients and investors.
Download our whitepaper to learn about the rise of the millennials and Generation Z in the global workforce as investors.