2017

Future State of the Investment Profession

Pursuing better outcomes—for the end investor, the industry, and society

The Future State of the Investment Profession study explores what these changes might look like and identifies ways to influence the future state of the profession for best possible outcomes.


Future State of the Investment Profession

Read the Survey Report (PDF)

This report, which includes findings from a survey of 1,145 industry leaders, addresses the issues that keep investment management executives up at night; they are the same issues that matter for CFA Institute as the largest association of investment professionals. Major shifts are underway that will likely result in significant change, and leaders need a better way to think through the implications of these shifts in various combinations—for their clients, the health of the industry overall, and the ongoing sustainability of their own firms.

How Do Investors Benefit from the Asset Manager Code?

Plan sponsors and other investors can easily identify which asset managers uphold the ethical foundation that resolves conflicts of interest in favor of investors. By adopting the Code, asset management firms signal their commitment to commonly held ethical principles.

Possible Future Scenarios

These scenarios were identified as possible future states for the profession.

  • Fintech Disruption New technologies promote new business models; disruption and creative destruction are endemic; challengers surpass incumbents
  • Parallel Worlds Different segments engage in society differently; product preferences prioritize personalization, simplicity, and speed
  • Lower for Longer Low interest rates and returns become embedded, accentuated by lower levels of global growth and higher levels of political instability
  • Purposeful Capitalism The investment industry raises its game with more ethical, and clientcentric organizations acting in aligned-to-purpose ways
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