Insurers will want to rethink their investment strategies because of Solvency II. This will have a big impact on asset managers, a huge proportion of whose business comes from insurers.
Asset managers have an opportunity to differentiate themselves by moving early to create Solvency II-ready operational capabilities and investment strategies for their insurance clients.
Asset managers and fund administrators need to move quickly to develop new products, provide analytical insights and strategic solutions on how to maximise returns, minimise capital requirements and improve the quality of reporting, both for existing and potential insurance clients. Those who do so, are likely to capture the lion’s share of this hugely valuable market.