Key Highlights
- 78% of asset management firms have increased their investment in employee upskilling over the past two years
- 65% of asset managers believe reskilling will be critical to their growth strategy
- 52% of asset management professionals have completed at least one upskilling program in the past year
- 45% of firms report a skills gap in digital technologies such as AI and data analytics
- 67% of asset managers plan to implement AI and machine learning training by 2025
- 58% of asset management firms are partnering with educational providers to upskill their staff
- 73% of senior executives see reskilling as essential to adapting to regulatory changes
- 41% of asset management companies are adopting onboarding training programs focused on digital skills
- 69% of respondents believe that continuous learning is key to retaining talent in asset management
- 36% of asset managers prioritize reskilling initiatives for mid-career employees
- 82% of asset management firms expect to increase their budget for reskilling initiatives in the next year
- 54% of asset management firms report challenges in identifying skills gaps
- 40% of asset management professionals have taken online courses to improve their technical skills
As the asset management industry grapples with rapid digital transformation and increasing regulatory hurdles, a striking 78% of firms are ramping up their investment in employee upskilling, highlighting the pivotal role reskilling and upskilling initiatives will play in shaping future success.
Leadership Perspectives on Reskilling
- 63% of firms report that leadership supports reskilling initiatives actively
Leadership Perspectives on Reskilling Interpretation
Reskilling and Talent Development
- 78% of asset management firms have increased their investment in employee upskilling over the past two years
- 65% of asset managers believe reskilling will be critical to their growth strategy
- 52% of asset management professionals have completed at least one upskilling program in the past year
- 67% of asset managers plan to implement AI and machine learning training by 2025
- 58% of asset management firms are partnering with educational providers to upskill their staff
- 73% of senior executives see reskilling as essential to adapting to regulatory changes
- 69% of respondents believe that continuous learning is key to retaining talent in asset management
- 36% of asset managers prioritize reskilling initiatives for mid-career employees
- 82% of asset management firms expect to increase their budget for reskilling initiatives in the next year
- 40% of asset management professionals have taken online courses to improve their technical skills
- 55% of firms have implemented mentorship programs to facilitate reskilling
- 60% of asset management companies use data-driven assessments to identify employee training needs
- 34% of firms have faced budget constraints that hinder reskilling efforts
- 70% of asset managers believe that AI literacy will soon be a core competency
- 57% of asset management companies are investing in leadership development to facilitate reskilling
- 49% of asset management firms are exploring gamified learning solutions for technical training
- 50% of asset managers expect external training providers to play a bigger role in reskilling efforts
- 72% of firms see diversity and inclusion training as part of their reskilling initiatives
- 39% of professionals seek certifications as part of their reskilling in asset management
- 74% of asset managers use simulation-based training to teach complex financial modeling
- 42% of asset management firms have conducted skills audits in the past year
- 44% of employees report that reskilling opportunities improved their job satisfaction
- 38% of asset managers reported increased productivity following reskilling programs
- 61% of asset management firms are integrating reskilling into their overall talent strategy
- 54% of firms believe that soft skills are equally important as technical skills in reskilling efforts
- 45% of asset management professionals have increased their digital literacy through self-directed learning
- 81% of firms plan to expand their reskilling programs to include sustainability and ESG considerations
- 59% of asset management firms have identified cybersecurity skills as a priority area for reskilling
- 67% of firms expect their reskilling efforts to reduce dependency on external hiring
- 74% of asset management leaders consider reskilling as a key factor to remain competitive
- 36% of mid-career employees reported that reskilling led to lateral moves within firms
- 55% of firms have incorporated digital badges and micro-credentials into their training programs
- 80% of future hiring in asset management will depend on demonstrated recent upskilling activities
- 43% of employees participating in reskilling programs report feeling more engaged at work
- 69% of asset management firms acknowledge that regulatory complexity has increased the need for compliance-related training
- 61% of small to mid-size firms outsource parts of their reskilling efforts due to resource constraints
- 78% of respondents agree that reskilling initiatives increase innovation within their asset management teams
- 54% of firms have faced challenges in measuring the long-term impact of their reskilling programs
- 63% of asset managers plan to leverage artificial intelligence to personalize training programs for employees
- 74% of respondents believe that reskilling will become a regulatory requirement in the near future
- 57% of firms implement cross-training programs to foster versatility among their workforce
- 41% of senior management have undergone reskilling themselves to better lead digital transformation efforts
- 52% of asset management companies report increased collaboration as a benefit of reskilling initiatives
- 49% of entry-level hires have specific reskilling requirements before starting their roles
- 35% of firms have adopted virtual coaching as part of their reskilling programs
- 71% of firms report that reskilling has enhanced their ability to adopt new regulatory policies faster
- 55% of firms have initiated reskilling focused on sustainable investing and ESG frameworks
- 63% of employees prefer digital and self-paced learning over traditional classroom training
- 61% of firms have a dedicated budget line for reskilling activities
- 48% of firms consider reskilling as a key factor to reduce talent turnover
- 77% of asset management firms have seen measurable improvement in employee performance after reskilling programs
- 59% of respondents believe that integrating reskilling data into HR systems enhances workforce planning
- 67% of firms report increased cross-departmental collaboration as a benefit of reskilling initiatives
- 43% of professionals have used LinkedIn Learning to acquire new skills relevant to asset management
- 65% of firms are using real-time feedback tools to improve their reskilling programs
- 45% of senior leadership agree that reskilling directly contributes to achieving strategic business objectives
- 34% of firms have formalized reskilling strategies as part of their digital transformation roadmap
- 78% of asset management companies are considering or implementing microlearning modules to support scalable reskilling
- 66% of employees believe reskilling opportunities improve overall morale
- 69% of asset managers see reskilling as essential to future-proofing their workforce against technological disruption
Reskilling and Talent Development Interpretation
Skills Gaps in Digital and Technical Capabilities
- 45% of firms report a skills gap in digital technologies such as AI and data analytics
- 41% of asset management companies are adopting onboarding training programs focused on digital skills
- 54% of asset management firms report challenges in identifying skills gaps
- 47% of staff in asset management report that they lack sufficient training for emerging technologies
- 66% of asset management firms track the ROI of their upskilling programs
- 48% of employees feel that their current skills will be obsolete within five years
- 68% of respondents highlight that digital transformation accelerates the need for reskilling in asset management
- 70% of entry-level employees in asset management are receiving targeted training for digital tools
- 50% of professionals believe that virtual reality training enhances their acquisition of complex financial concepts
- 68% of respondents see data analytics skills as critical for future success in asset management
Skills Gaps in Digital and Technical Capabilities Interpretation
Technology Adoption and Implementation
- 44% of asset managers plan to implement AI-driven learning platforms within the next two years
Technology Adoption and Implementation Interpretation
Sources & References
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