Demands on investment managers rising: CFA survey
By Richard Hubbard, 18 Feb 16
Retail and institutional investors share the view that financial professionals are falling short on the issues of fees, transparency, and performance, according to a new survey by the CFA Institute, the global association of investment professionals. The institute surveyed 3,312 retail investors from 10 countries and 502 institutional investors from six countries between October and November 2015.
Click on the arrows in the picture to see the main findings.
Investors are expecting higher levels of transparency than ever before, holding their investment managers to the highest ethical standards, and are laser-focused on returns, according to the CFA Institute survey.
It found the biggest gaps between investor expectations and what they receive relate to fees and performance.
Clients want fees that are structured to align their interests, are well disclosed and fairly reflect the value they are getting from their investment firms.