'Digitalization and the Future of Asset Management' is a summary report of a webinar that the Milken Institute hosted on March 4, 2021. The public plenary discussed how technology continues to transform the asset management industry across business administration, human resources management, portfolio development, asset allocation, and risk assessment.

The plenary was moderated by Mike Piwowar, executive director of the Milken Institute Center for Financial Markets and former commissioner of the United States Securities and Exchange Commission (SEC). He was joined by Mohit Joshi, president of Infosys Limited, Lou Maiuri, chief operating officer at State Street Corporation, and Madeleine Dassule, co-head of technology at Wellington Management. Michael Milken, Chairman of the Milken Institute, provided closing remarks to wrap up the discussion.

The plenary sought to address several overarching questions: How can asset managers integrate new digital capabilities effectively? How will technology change asset management and improve the client experience? What are the other opportunities for greater use and efficiency gains?