SINGAPORE (Dec 12): A recent survey of over 500 global asset managers shows that more than two thirds, or 68%, of global institutional investors are concerned about their ability to hit their growth objectives within the current market environment.

Published by State Street Corporation, the study entitled New Routes to Growth found a majority 72% of asset owners expect to adopt a more defensive investment strategy going forward, with the same proportion of asset managers intending to slow their plans for expansion over the next five years.

Among the respondents’ strategies to adapt to current market environment, emerging technology (48%) has proven one of the top enabler of growth over the next five years – a marked difference from State Street’s 2017 study findings, where just 18% of respondents at the time expressed the same sentiment.

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