What Should Asset and Wealth Managers Do About the Metaverse?

The Metaverse has had limited success in capturing the attention of consumers so far, which is why investment is switching to the computer gaming markets as an axis of growth into the Metaverse. Gaming provides asset and wealth managers with sponsorship and distribution opportunities, especially among younger demographics.

There are further opportunities to apply Metaverse technologies to sales and relationship management and employee on-boarding and training, but the case for substantial investment now is not strong. Nevertheless, asset and wealth managers should stay informed and monitor developments, investing in line with their need to digitize their operations and distribution and their appetite for innovation.