One in Four Fund Managers Believe it’s “Highly Likely” they will Face Competition from New Entrants Within the Next Five Years, Says Research From State Street

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BOSTON--(BUSINESS WIRE)--State One in four (25 percent) senior asset management executives believe it’s “highly likely” they will face direct competition from a non-traditional new entrant such as a technology or non-financial services company within the next five years, according to a report from State Street Corporation (NYSE: STT). A further 54 percent believe this threat is “somewhat likely.” The findings are from a global survey* conducted by the FT Remark commissioned by State Street amon

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