Copying and distributing are prohibited without permission of the publisher
25 years, 25 CEOs: Gilbert van Hassel, CEO, ING Investment Management
20 January 2012
To celebrate its 25th anniversary, Global Investor/ISF interviewed 25 CEOs. The ING Investment Management CEO explains why asset managers need to embrace a more sophisticated view of risk
Read more:
ING Investment Management
Gilbert van Hassel
Today the levels of asset under management in the industry, especially in Europe, have returned to 2007 levels. This is mainly due to market performance. Net flows within the industry remain close to zero.
The problem here is not with institutional investors, who are providing positive net flows, but with retail investors, whose flows are at an all-time low.
Retail investors who bought equities ten years ago look at their cumulative returns today and see that they are virtually nil. In addition, they have lost trust in financial institutions, and asset managers are seen as part of that group. The result is that assets have become considerably more focused on the leading performers in the sector.
It used to be the case that, if you were an asset manager...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.
