(Investment & Pensions Europe) - A large majority of asset managers worldwide believe building clients' trust and increasing transparency will be the biggest challenges in the coming years, according to consultant KPMG.

KPMG canvassed senior executives at 17 large asset managers in Europe, the US and Asia Pacific and said most respondents thought focusing on trust and transparency would strengthen the sector, improve investment conditions and increase investors' faith.

The consultant said asset managers were also looking increasingly for ways to comply with regulation while lowering costs and increasing transparency.

For more on the Investment & Pensions Europe article, visit: http://www.ipe.com/news/asset-managers-to-focus-on-building-trust-increasing-transparency_35716.php