More funds might be set up for particular interests in the future

I read an article on Financial Times, “Is banking about to be ‘Uberised’?”. The proportion of corporate financing coming from banks fell from 2006 to 2014. People have individual investment preferences, and investing directly without the intervention of banks has higher expected returns. However, because individuals have limited ability to satisfy corporates’ financial needs, they might form interest groups that create enough money pools to support their investment plans. Therefore, I expect in the future more funds with particular interests will be set up. Large financial institutions will play more important roles of advisory and credit ratings rather than direct investment. The good thing is increasing levels of competitions in the financial industry, and corporates are more likely to have good deals. The bad thing is without cooperations, funds can all focus on one “hotspot” field and create huge bubbles.