The spoken Word - Why YouTube is so important to Asset Management companies According to our survey, YouTube contains the largest percentage of asset management houses with an account. But why is this? YouTube’s strength, for many companies, lies in the fact that both financial advisors and investors prefer video content to long print documents when they are looking to understand an issue, product feature or market perspective. Favouring video content over the written word is not a trend exclusive to the investment industry and can be seen across the entire spectrum of the internet. In our fast-paced society, people today have less time to read though lengthy documents and, despite the fact that video content is clearly not interactive, talking head videos (where the presenter talks to the viewer) “feel” more interactive and engaging for the viewer, thereby allowing companies tomore easily create a connection between the presenter, brand and product.
Youtube is the most widely used social media When it comes to the social media channels employed by asset management companies, we found that YouTube is the most widely used social media site. A total of 44% of our asset management sample groupmaintains a presence on theworld’s most popular video hosting site, as shown in Figure 5. LinkedIn is the secondmost popular site, with 31% of the sample group having a presence and the least marked difference between US and European players’ usage from all four sites. Twitter usage follows closely behind LinkedIn at 30%, and Facebook occupies the last place at 18%, with both sites being less commonly used by European asset managers. Figure 5 % of Asset MAnagement groups having an active account dedicated to asset management by social media site
% of Asset Managers having an active account dedicated active account dedicated to asset management by social media
Source: CACEIS/PwC Asset Management Company Benchmarking on Social Media 2013
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