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25 years, 25 CEOs: Mary Callahan Erdoes, CEO, JPMorgan Asset Management

10 January 2012

To celebrate its 25th anniversary, Global Investor/ISF interviewed 25 CEOs. Increasing globalisation means greater challenges for the asset management industry but it also presents increased opportunities, according to the JPMorgan Asset Management head

Read more: Mary Callahan Erdoes JPMorgan Asset Management

In future, the industry will shape more around close strategic alliances – the ‘outsourced CIO’ model. As a buyer of investments, you will look for partners that don’t just help you navigate around individual products, but have a wider understanding of your portfolio.

To achieve this shift the asset management industry will have to ensure that those on the front line have a broad perspective. You can have people talking about UK large cap growth stocks, but they will have to be able to relate this to, say, the price of oil, bond rates around the world, and inflation in India and China. This means securing smart talent across the board – from institutional business to private investments to alternatives funds. This shift will also require greater transparency on the part of the investor: your strategic partner needs to understand every...