Bluefin Corporate Consulting says it has won 100 new corporate clients in
2009 so far because cash-strapped companies are looking to use smaller consultancies that still have a national reach.
The firm, which anticipates further growth moving in to 2010, says the difficult economic environment has increased pressure on pension funds to explore new approaches to corporate governance, scheme monitoring and investment decisions. This in turn has opened opportunities to consultancies with significant scale but which operate outside of the very largest groups, says Bluefin.
Robin Hames, head of technical, marketing and research at Bluefin, says: “The economic downturn has created a wealth of opportunities for those consultancies which have national scale and resources but, at the same time, can be flexible, nimble and more innovative.”