Investment consulting firms squeezed by tough markets
Investment consultants admit that it's hard to make money in Asia. How are Cambridge Associates, Mercer and Willis Towers Watson responding to the challenge?
Some of the biggest investment consultancies are taking action in Asia in response to a tough business climate, such as pulling back from advisory business, focusing more on core markets and responding to fewer requests for proposals (RFPs).
This comes as senior investment consultants have made surprisingly frank comments to AsianInvestor about how hard it is to turn a decent profit by servicing institutional clients in the region.
“We’re making money in Asia, but we’re not maki…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.