How rising alternative investment is demanding digital dexterity from GPs

The digital and data management capability of fund managers is playing a more important role than ever as asset owners continue to raise allocation to alternative assets, according to a recent BNY Mellon report. Data science technologies - from e-signature, cloud-based solutions to more nascent areas such as blockchain and robotics - will be crucial for asset managers needing to stay on top of the rising demands of clients in the private space, the report said. As inflation pres…