84 percent of asset managers and investors surveyed said that disruptive technologies increase operational efficiency, a figure closely matched by those who saw revenue improvements (80%). This is according to PwC’s Asset and Wealth Management 2024 report, “Unleashing the Transformative Power of Disruptive Technologies.”
Released in November 2024, the report includes insights from 264 asset managers and 257 institutional investors from 28 countries and territories and highlights how disruptive technologies are changing investor expectations, driving innovation and opening up new markets.
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A PwC report estimates that global assets managed by asset and wealth managers will reach $171 trillion by 2028.
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Additionally, investors continue to show increasing interest in digital assets and cryptocurrencies.
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Additionally, when asked which disruptive technologies would change wealth management in the coming years, asset managers and institutional investors highlighted artificial intelligence, generative artificial intelligence, cloud infrastructure, big data and blockchain.
