The future is looking boutique

If you are a boutique, you have probs been a wallflower at the party. Seen the bigs rippin' it up on the dance floor. All the cool kids waiting to dance with them. All the favor raining down. Been there, my friends.

You know what you do?
You find a different party
Where they play your music
You make your own dance routine (been there too)
And all of a sudden you realize
This is where I belong
These people get me

Your dance card is full, the odds are in your favor. You get your chance to shine. And to win.

Recently, I said to my friend, Chris Delahunt, “I don't get it. Why is Mediolanum making a EUR10 billion commitment to boutiques
I mean it's amazing, but... ??” He paused and said, “There is a boutique culture in Europe. It's a thing.”

And I realized. Dang. He's right.

Where the party at? Ya just found it.

At least one third of all externally-managed assets at Mediolanum will be allocated to boutique managers in the next five years. Currently, this totals EUR10 billion and they expect this figure to grow significantly over time. Not only are they walking the walk with their capital, but recipients of an allocation will leverage Mediolanum's distribution platform in Italy, Spain, and Germany.

So last week, I joined Chris and a panel of esteemed colleagues to talk boutiques, overseas distribution, and the future.