Press Release from Morse Consulting

[04-03-2008]

London, 3 March 2008—Chief Operating Officers in UK investment firms overwhelmingly expect challenges in the next six months will require changes to their operating models according to new research being reported by Morse, the international management consultants specialising in the investment industry. Happily, 63% of those expecting changes already have specific budget allocation, showing that operating model change is being taken seriously by firms.

The Morse survey canvassed the views of COOs at traditional fund managers, hedge fund managers, and wealth managers, as well as some brokers and service providers. The study sought to analyse the pressures on operations and how those with operational responsibility perceive these pressures.

95% of respondents expect changes to their operating model, and of these, a third believe that the operating model will be a constraint on achieving business objectives. The challenges driving change were diverse, but new ...   more »