Future Of Distribution

The document discusses implications for asset managers from consolidation and changes in the financial industry. It notes that mergers are creating large global distributors with centralized decision making. This is forcing asset managers to improve segmentation, target territories more precisely, and find new, less competitive opportunities. It also suggests that asset managers will need to capitalize on regions with growing wealth and access the global distribution networks of the newly merged firms. Distribution is highlighted as the key differentiator for asset managers in this shifting landscape.