Voya’s Hurtsellers Highlights Importance Of Investing In Data For Asset Management
FundFire reports, “After being forced to adapt to the rapid changes brought on by the Covid-19 pandemic, asset managers are embracing a new normal as they adopt hybrid strategies to integrate traditional and digital distribution models.” Industry leaders “reflected on the changing distribution landscape during a panel at the Financial Times’ Future of Asset Management North America conference on Thursday.” Voya Investment Management CEO Christine Hurtsellers said, “What used to take a wholesaler three hours to prepare for ... now takes our wholesalers five minutes.” Hurtsellers added that she “can’t underscore enough how important continuing to invest in data is for the industry.”