Asian institutional investors to veer towards outsourcing over the next two years

Asset managers and owners alike have been grappling with managing costs and improving efficiencies through new technologies and, particularly in the case of Asian investors, outsourcing, according to a Northern Trust report. According to the survey of 300 global asset management firms, 50% said that creating greater efficiency is a priority for operations over the next two years, and 47% said controlling costs would be a focus. To achieve these priorities, 59% of these global in…