DENMARK - Aon Denmark has said it does not plan to launch its manager-of-manager product in Denmark due to the conflict of interest that arises when a consulting firm sells an investment product.
It is not on the agenda for the near future,” said Jens Murer, executive director of Aon in Denmark. “We have to be aware not to oversell the Aon manager-of-manager.
Referring to the conflict of interest issue, he said: That is a conflict that we are facing. That is one of the reasons that we have not brought these products into Denmark.
Aon Consulting in the UK has been criticised by some pension funds for adding manager-of-manager investment services to its product range while continuing in its traditional advisory role as an investment consultant.
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