BLOGS. May 7, 2024
Outsourcing Preferences in the UK and Europe
In our recent "Outsourcing Middle- and Back-Office Functions: An Assessment of Perceived Experience" survey, conducted in partnership with Global Custodian, we learned that firms who have already outsourced at least one function successfully are more likely to outsource additional functions. We asked 250 firms across the US, UK and Europe about their satisfaction with their current outsourcing arrangements and whether they planned to expand that outsourcing in the future. Of the 250 firms, 68% were asset management firms, including both hedge funds and traditional asset management firms. We identified some regional differences, like a larger proportion of traditional asset management firms in the UK and a larger proportion of hedge funds in Europe.
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