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Thursday, October 21, 2010

Future of Fund Management and Banks




Urgent ethical questions. Over the last decade I have lectured to thousands of fund managers from many different institutions including banks, responsible for hundreds of billions of actively managed investments, mainly entrusted to them by pension funds. The global economic crisis highlighted a number of fundamental problems within the industry, that had been there for many years, and remain unresolved. Issues such as over-charging, low performance, lack of confidence of fund managers in their own funds. Restoring trust has to be an urgent major priority. Without it, the industry as it is cannot survive. Wat ch keynote at Mercer client event.

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