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Asian instos seen outsourcing further $1.2tr by 2023

Indira Vergis
Already accounting for $11 trillion in AUM, outsourced institutional business in Asia could grow another 11% in the next 3-5 years, says the author of a new McKinsey report.
Asian instos seen outsourcing further $1.2tr by 2023

Asia’s asset owners will likely outsource a further $1.2 trillion of their assets to third-party managers in the next three to five years, even as these institutional investors continue to build out their internal capabilities, according to the lead author of a new industry study.

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