Industries Asset Management Overview - Ernst & Young - Australia

This edition (pdf, 675.2kb) illustrates the financial report for the year ended 31 December 2009 for a registered managed investment scheme prepared in accordance with the requirements of the Corporations Act 2001 and Australian Accounting Standards. It incorporates all standards and interpretations that were on issue as at 15 October 2009 and that apply to annual reporting periods beginning on or after 1 January 2009. It will also be applicable to financial reports for the year ended 30 June 2010.

How do you manage through the recession and position your company for growth? Our asset management professionals around the world conducted over 2500 client meetings and identified some overarching themes. Rebuilding stakeholder confidence, building lines of credit and being proactive with regulators could mean the difference between surviving and thriving.

Financial services briefing (pdf, 2.9mb) brings together Ernst & Young’s collective insights from our global Banking & Capital Markets, Insurance and Asset Management networks. Financial services briefing also includes significant risk, corporate governance, financial reporting and regulatory updates.

The crisis experienced in the financial markets during 2008 has had a dramatic impact on asset management. Understanding and mitigating market risks is placing great pressure on managers as they seek to deliver value for investors. This report (pdf, 4.07mb) discusses the top 10 risks most likely to affect asset management companies during 2009 and shape the industry. An understanding of how to respond to these challenges is essential for asset management companies to manage risk effectively, improve performance and increase value for investors.

With legislative reform on the horizon, Australia wealth management industry will have greater opportunity. For insights, the Australia practice surveyed senior representatives on Product Rationalisation (pdf, 364kb).

As hedge fund (pdf, 93kb) seek new opportunities and capital in Asia-Pacific and the Middle East, operating infrastructure and managing overseas talent determine success.

This paper (pdf, 96kb) reviews the impact of the credit crunch on asset prices, funds under management and asset management revenues.

This paper considers the progress of globalization in the asset management (pdf, 81kb) industry to date, and the potential impact of recent market disruption.