Rockland, MA – November 12, 2024 – Cutter Associates, a leading provider of consulting services and research for asset managers, asset owners, wealth managers, and other investment companies around the world, has published the findings of its 2024 Alternative Investments Benchmarking survey of 24 firms representing a cross section of the investment management industry.
The survey found that as institutional investors look beyond traditional investment vehicles to diversify their portfolios and generate higher returns, they are not only increasing their investments in alternatives, but significantly more respondents are investing in direct investments and co-investments since the survey was last conducted in 2020.
“When it comes to alternative investments, the name of the game is growth,” said Gina McCafferty, Principal and Head of Research at Cutter Associates. “Firms are increasing their investments in alternatives, increasing their spending on alternatives systems and processes, and implementing technology and systems and data-related initiatives. We see it not only in the survey findings, but in the conversations we have with our research members and consulting clients every day.”
When comparing the top challenges in dealing with alternative investments, firms still point to data management and aggregation as their number one challenge — up significantly to 82% in 2024 from 47% in 2020. While companies did not mention it in 2020, 41% of survey respondents cited fragmentation of applications as a top concern in 2024. Meanwhile, only 5% of firms in 2024 cited latency as a concern, compared with 35% in 2020.
About Cutter Associates
Cutter Associates LLC serves the operational, technology, and client experience needs of the global asset and wealth management industry, providing companies with the tools and services they need to be successful. With deep industry and domain experience and expertise, Cutter Associates provides global consulting, independent research, exclusive members-only events, process benchmarking, and a vast peer network. Headquartered in Rockland, Massachusetts, and owned by Tokyo-based NRI Group, Cutter Associates offers services in the United States, Canada, Australia, United Kingdom, European Union, Singapore, and Asia. For more information, visit us at www.cutterassociates.com and connect with us on LinkedIn.
About NRI
Founded in 1965, NRI is a leading global provider of consulting services and system solutions, including management consulting, system integration, and IT management and solutions for the financial, manufacturing, retail, and service industries. Clients from all layers of these individual industries partner with NRI to tap NRI’s research expertise and innovative solutions across the organization to expand businesses, design corporate structures, and create new business strategies. NRI has over 16,000 employees in more than 100 offices globally, including New York, London, Tokyo, Hong Kong, Singapore, and Australia. NRI reports annual sales above $4.9 billion. NRI is rated “A” by S&P Global Ratings Japan. For more information, visit www.nri.com/en.
For more information or to get in touch with a Cutter Associates’ representative in your region, contact us at [email protected].
Media Contact:
Jennifer Murray
Cutter Associates
(781) 223-5251
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