The mutual fund industry, today presents a picture of opportunity and challenges: Amidst a globally changing business and regulatory environment, Asset Management Companies and all service providers, including distributors, have to re-examine their business models and embrace the changing business landscapes with an open mind, without the baggage of past practices.
Notwithstanding the recent growth challenges, Mutual Funds continues to be the most low cost investment product for housholds to participate in the long term growth prospects for our economy. This report by PwC titled “Distribution Spectrum and the Changing Business Environment” seeks to focus on the challenge of distribution, exploring possible solutions to some of the aspects of the distribution model.
We would like to thank PwC for their efforts in preparing this report and hope that you find it useful and interesting. We would welcome any comments and observations, to help us prepare better for the next summit.