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As asset management growth grinds to a halt, firms have to get creative. Here are the 3 avenues analysts say will best boost revenue.

“New technology: asset managers are taking over some of the work that financial advisers and other groups previously did in distribution, enabled by technology” writes Meghan Morris for Asset managers face a dismal outlook, as investors turn to lower-fee products and shareholders demand bottom-line growth and lower costs.”Today, the bulk of foreign asset managers’ emerging market client assets under management is sourced from large public funds investing into Western markets,” the analysts wrote.”Asset managers will increasingly find themselves up against technology players in the solutions space,” the report said.Increasing access to private markets: Institutional investors have been driving growth – and asset managers’ bottom lines – as they’ve loaded up on private investments, including private equity, real estate, and credit.

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