Canada Asset Management Market

Canada Asset Management Market Overview:  

The Canada asset management market is projected to exhibit a growth rate (CAGR) of 17.50% during 2024-2032. The market is driven by increasing demand for comprehensive retirement planning services as a greater proportion of the population is getting closer to retirement age, along with the rising online purchases.

Canada Asset Management Market Trends:

Increasing Geriatric Population

According to an article on the website of the Statisque Canada, people aged 65 and above reached 7,568,308 in July 2023 in Canada. There is an increase in the demand for comprehensive retirement planning services as a greater proportion of the population gets closer to retirement age. Asset management companies offer specialized techniques to assist people in managing their retirement income, saving for the future, and maintaining their financial stability. An aging population means that public and private pension funds are used more frequently. Professional asset management is necessary to make sure these funds achieve their long-term obligations and give retirees enough returns. Because of this, there is a greater need for knowledgeable asset managers to manage huge, intricate portfolios. In order to supplement their income from employment, retirees often look for assets that offer a consistent income stream. This increases the demand for investment goods that provide income, such as bonds, equities that pay dividends and real estate investment trusts (REITs).

Preserving their wealth is frequently more important to older people than looking for high-risk, high-return ventures. Asset management services play a critical role in helping people budget for these future expenses by making sure they have the money saved and invested sensibly to meet their healthcare needs.

Growing Online Retail Purchases

An article published in 2023 on the website of the International Trade Administration (IEA) shows that 55% of Canadians made online retail purchases in 2022. Investment opportunities in the retail sector are created by the growth of e-commerce, especially in businesses that are spearheading the digital transformation. Asset managers can profit from this expansion by making investments in the major players in e-commerce, logistics, and technology that underpins online retail. Consumer discretionary funds may rise as a result of increased online retail purchases, leading asset managers to reallocate capital to industries that profit from increased consumer spending. The advent of e-commerce is making large investments in supply chain infrastructure, logistics, and technology necessary. Asset managers may concentrate on businesses creating cutting-edge solutions in various domains, such as delivery services, cloud computing, and cybersecurity.

Asset managers include industries with strong growth potential in their portfolios to diversify them. An important area for diversification is the e-commerce sector, which is being pushed by an increase in online retail purchases. Asset managers can construct well-balanced portfolios with advantageous risk-return profiles by investing in a variety of conventional and cutting-edge industries that have been impacted by the rise of internet shopping.

Canada Asset Management Market News:

• June 2023: Ninepoint Partners LP, one of Canada’s leading alternative investment managers, announced the expansion of its partnership with Chicago-based private credit asset management firm Monroe Capital LLC
• April 2023: CapIntel announced a new strategic partnership with SEI®, a global provider of technology and investment solutions that connect the financial services industry. SEI will utilize CapIntel’s intuitive sales platform to further streamline sales and marketing processes and enhance communications around SEI’s investment solutions.
   

Canada Asset Management Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on asset class, source of funds, and type of asset management firms.

Asset Class Insights:

• Equity
• Fixed Income
• Alternative Investment
• Hybrid
• Cash Management
   

The report has provided a detailed breakup and analysis of the market based on the asset class. This includes equity, fixed income, alternative investment, hybrid, and cash management.

Source of Funds Insights:

• Pension Funds and Insurance Companies
• Individual Investors (Retail+ High Net Worth Clients)
• Corporate Investors
• Others
   

A detailed breakup and analysis of the market based on the source of funds have also been provided in the report. This includes pension funds and insurance companies, individual investors (retail+ high net worth clients), corporate investors, and others.

Type of Asset Management Firms Insights:

• Large Financial Institutions/Bulge Brackets Banks
• Mutual Funds and ETFs
• Private Equity and Venture Capital
• Fixed Income Funds
• Hedge Funds
• Others
   

The report has provided a detailed breakup and analysis of the market based on the type of asset management firms. This includes large financial institutions/bulge brackets banks, mutual funds and ETFs, private equity and venture capital, fixed income funds, hedge funds, and others.

Regional Insights:

• Ontario
• Quebec
• Alberta
• British Columbia
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Ontario, Quebec, Alberta, British Columbia, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Canada Asset Management Market Report Coverage:

Key Questions Answered in This Report:

• How has the Canada asset management market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Canada asset management market?
• What is the breakup of the Canada asset management market on the basis of asset class?
• What is the breakup of the Canada asset management market on the basis of source of funds?
• What is the breakup of the Canada asset management market on the basis of type of asset management firms?
• What are the various stages in the value chain of the Canada asset management market? 
• What are the key driving factors and challenges in the Canada asset management?
• What is the structure of the Canada asset management market and who are the key players?
• What is the degree of competition in the Canada asset management market?  

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Canada asset management market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Canada asset management market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Canada asset management industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.