Investment professional of the future must adapt to changes to stay ahead
With increasing disruption from technology, the investment industry gears up for challenges ahead
THE investment industry is changing faster than ever before and the pace shows no signs of slowing. The Investment Professional of the Future the latest report by CFA Institute, the global association of investment management professionals, shows that 90 per cent of industry leaders surveyed expect that individuals' roles in the investment profession will transform not once or twice, but multiple times during their career.
In addition, 77 per cent of the more than 4,000 global industry leaders surveyed expect the investment profession's world of work to change more than it did in the past 10 years.
Combine this with the fact that within the Asia-Pacific region, 50 per cent of respondents (compared with 48 per cent globally) said that they expected their role to be significantly different, or unlikely to exist within five to 10 years, it is important to understand what is driving these changes. How should investment professionals adapt and embrace new challenges and opportunities for career success?
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