Asset Management in 2024: Eye on interest rates

Fed’s decisions merit close attention in the year ahead

After a strong finish in 2023, asset management leaders are looking forward to 2024 with guarded optimism.

In this podcast episode, Grant Thornton National Managing Partner for Asset Management Michael Patanella describes the trends he is watching in 2024:

• If interest rates stabilize or even fall, recovering markets may present new opportunities for asset managers.
• Technology, including artificial intelligence, can be implemented to improve operations and customer service.
• Cybersecurity remains critically important for investor confidence.
• New regulations, including new SEC private fund rules, will pose compliance challenges.

Patanella shares key insights on these topics and others in this 2024 Outlook podcast episode.