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Jon TerryPartner, Global FS HR Consulting LeaderPwC (UK)+44 (0) 20 7212 4370jon.p.terry@uk.pwc.com Chris BoxPartner, EMEA FS HR Consulting LeaderPwC (UK)+44 (0)20 7804 4957christopher.box@uk.pwc.com
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Volatile markets have shaken asset management CEOs’ confidence in economic growth. Yet in spite of this they remain confident about the outlook for their businesses. Our survey reveals a high level of optimism; which CEOs go on to illustrate in a series of fascinating interviews. They’re on the right side of a number of powerful trends. Retirement patterns across the US; Europe and Asia for example are leading to enormous opportunities; as are the opening up of new geographical markets and products that might disrupt banking.; At the same time; CEOs have to deal with a far more complicated world; with new measures of success and wider sets of stakeholders. They’re beginning to redefine their purpose beyond the narrow pursuit of profit and to communicate with more stakeholders.
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Jon TerryPartner, Global FS HR Consulting LeaderPwC (UK)+44 (0) 20 7212 4370jon.p.terry@uk.pwc.com Chris BoxPartner, EMEA FS HR Consulting LeaderPwC (UK)+44 (0)20 7804 4957christopher.box@uk.pwc.com,Ed DonovanPartner, Americas, FS HR Consulting Co-LeaderPwC (US)+1 646 471 8855ed.donovan@us.pwc.com Emma GroganPartner, Asia-Pac FS HR Consulting LeaderPwC Australia+61 (2) 8266 2420emma.grogan@au.pwc.com,Bhushan SethiPartner, Americas FS HR Consulting Co-LeaderPwC (US)+1 917 863 9369bhushan.sethi@us.pwc.com
Findings from the report, Shifting Demands, Competing Priorities: Adjusting to the New Talent Realities in Financial Services’, are based on a PwC survey of 490 FS CEOs, and forms part of the firm’s 19th annual Global CEO Survey of over 1,400 CEOs in 83 countries, show FS CEO’s confidence in the prospects for the global economy, their own growth potential and plans for increases in headcounts have all declined since last year’s survey.
Volatile markets have shaken asset management CEOs’ confidence in economic growth. Yet in spite of this they remain confident about the outlook for their businesses. Our survey reveals a high level of optimism
which CEOs go on to illustrate in a series of fascinating interviews. They’re on the right side of a number of powerful trends. Retirement patterns across the US
Europe and Asia for example are leading to enormous opportunities
as are the opening up of new geographical markets and products that might disrupt banking.
At the same time
CEOs have to deal with a far more complicated world
with new measures of success and wider sets of stakeholders. They’re beginning to redefine their purpose beyond the narrow pursuit of profit and to communicate with more stakeholders.
90% of CEOs are confident about business growth in 2016
25% see global economic growth rates declining over 12 months
66% foresee a time when success is about more than profit
19th Annual Global CEO Survey/February 2016
Key findings in the asset management industry
Shifting Demands, Competing Priorities: Adjusting to the New Talent Realities in Financial Services
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