GLOBAL - Pension funds' attitudes as to who should intermediate their investment advice have fragmented, with funds showing a strong bias towards independent consultants according to a Global Pensions survey. The Global Pensions 100 Panel was asked which business model provided the best investment advice.
In-house advice was the referred method of 16% of the panel. Asset managers (12%) and investment banks (5%) between them convinced 17% of respondents that they were best placed to offer investment ...
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