Culture within Asset Management: A Buzzword or an Enabler for Growth?

Eva Szczepanska, Alex Hayes, Merolyn Whitaker (Guest Author)

In recent years, “culture” has become a buzzword, with companies promoting new ways of working—offices equipped with relaxation spaces, stocked kitchens, and lobby pool tables. Yet, empty break rooms and unused amenities often reveal a deeper disconnect and cultural dissonance, where leaders may promote an aspirational culture that diverges from day-to-day realities.

Within any organisation, multiple micro-cultures naturally emerge across departments given different tenures, seniority or geographies. True cultural alignment does not mean forcing a mono-culture; it involves linking these diverse micro-cultures into a cohesive whole, amplifying each unique strength.

This whitepaper examines the significant impact of cultural alignment on business performance. Misaligned cultures can lead to disengagement, poor communication, and diminished innovation—factors that can harm organisational health. On the other hand, firms which focus on cultural alignment see measurable benefits, including:

  • Up to 78% reduction in absenteeism
  • Up to 10% increase in customer loyalty
  • Up to 17% boost in productivity

Together, these improvements can drive an estimated 5% increase in profitability, translating to approximately £25 million in additional margin for an average-sized asset manager.*

Using case studies and proprietary analysis, we present actionable strategies for fostering an integrated, productive culture that aligns with the firm’s vision and values.

 

*c. £140bn in AUM

Please click below to read our whitepaper:

About the Authors

Eva Szczepanska
Engagement Lead

Eva is an Engagement Lead at Alpha, with deep expertise across the asset management industry. She advises organisations through complex transformations, helping them align business models for maximum efficiency and strategic impact. Her areas of focus include organisational design, strategic operating model reviews, cost optimisation, profitability and outsourcing strategies. Eva has also led various M&A due diligence projects, integrations and separations.

Alex Hayes
Senior Associate

Alex is a Senior Associate who joined Alpha in 2019. Since joining Alpha, Alex has worked on projects covering strategy & enterprise transformation, operating model design, and pre-merger integration planning. Alex has supported a variety of target operating model designs, reviewing structures across the asset management business including spans and layers analysis, capacity planning and internationalisation.

Merolyn Whitaker (Guest Author)
Chief of Staff of Quirk Solutions

Merry is Chief of Staff at Quirk Solutions, with extensive experience in scaling organisations across diverse sectors. A former British Army Intelligence Officer, she applies a keen analytical approach to complex challenges. Previously, as COO of the University of Oxford’s SDG Impact Lab, she oversaw the rapid growth and operations programmes in partnership with major global brands. She also owns multiple businesses and is passionate about helping organisations grow sustainably, while maintaining integrity and respect for their people and clients.