December 13, 2022 – Retail investment management products have evolved quickly, and each new product seems to bring new challenges to traditional investment managers.  What does the future hold? The adage says to follow the money. The economic models and financial incentives of retail distribution may be the most telling predictor of future product flows.

This Impact Brief looks to create a controversial lens through which to view the evolution of retail asset management products and provides perspective on two key questions:

• Will only the largest asset managers with operational scale survive?
• Which products and product offerings will continue to grow?

Clients of Aite-Novarica Group’s Capital Markets and Wealth Management services can download this report.

This report mentions Eaton Vance, Investment Company Institute (ICI), Morgan Stanley, and Parametric.