While some investment management firms will likely thrive in 2018, overall the operating environment for the industry may be difficult. Firms are expected to face margin compression as investors favor low-cost investment solutions. At the same time, operating models at many firms could continue to face challenges while keeping pace with environmental changes driven by regulators, changing customer preferences and advancing technologies, as discussed by Patrick Henry, vice chairman and U.S. Investment Management leader at Deloitte & Touche LLP.

Source: Wall Street Journal February 16, 2018 20:29 UTC