EYEMEIAsurvey2013.pdfVIP

Risk management for asset management EY EMEIA survey 2013 Contents Introduction 1 Executive summary 4 ‘Top 10’ action list to achieve better risk management 10 Survey findings 14 Summary of findings — 2013 survey vs. 2012 survey 40 Glossary of acronyms 42 Contacts 44 1Risk management for asset management EY survey 2013 Introduction The cycle of cost growth, fee competition, squeezed margins and the need for greater scale was a feature over 2012, and the trend was set to accelerate during 2013, challenging asset managers to innovate to safeguard sustainable profits. Innovation among Europea