Built from data gathered in a 2017 global survey of more than 500 executive respondents within asset managers, institutional asset owners and insurance firms, users of the tool can assess their growth objectives, existing investment and operational capabilities and future strategies for growth. Users receive a customized set of scores and charts based on their responses, and a comparison with their peer group based on the survey. This peer group can be reflected on both a global and regional basis.

“Institutional investors’ growth strategies are being challenged like never before,” said Scott FitzGerald, global head of Sector Solutions for the Americas and Global Alternatives. “With an array of geopolitical events and continuous advancements in technology, there’s an ever-growing list of challenges to navigate. Within this environment, there’s a clear benefit in understanding how well-positioned you are versus your peers, which is why we are pleased to launch this new tool for the industry.”

Results from State Street’s study, released earlier this year, uncovered a lack of readiness for growth among institutional investors with two-thirds (66 percent) of the more than 500 global asset managers and asset owners surveyed saying it is becoming more challenging to achieve growth in the current market environment. Only a minority of respondents say they have the right strategy, operating model and technology infrastructure in place to reach their full growth potential given these conditions.