The alternative investment industry is increasingly feeling the impact of digital technologies, but are hedge funds and private equity firms moving quickly enough to adapt to the digital world?
A new global report, Alternative investments 3.0 - digitize or jeopardize, from KPMG International and CREATE-Research, finds that the majority of 125 hedge funds and private equity firms in 19 countries surveyed are not yet capitalizing on the potential opportunities from digital innovation.
Focusing on the two key segments in the alternative investment industry most amenable to digitization -- hedge funds and private equity -- this report aims to:
The report also offers a digital leaders' to-do list, with a set of actions alternative investment firms can take to kick-start digital innovation, including:
This age-old dictum means that alternative investment managers cannot afford to ignore the latest tide of innovations for long.