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The investment consulting industry could not have value

By Hicbd
Mon Jun 8 2020 11:53 am

"Here’s a brainteaser: Would you invest $10,000 in a mutual fund without knowing its past performance? Probably not. Yet, if you were in charge of $13 trillion of pension money, would you accept the recommendation of an investment consultant without knowing its performance record? The answer is yes. It happens every day. Welcome to the bizarre world of pension funds and investment consultants."

URL:
https://www.institutionalinvestor.com/article/b1dd82391ds6sz/Allocators-Need-Them-Asset-Managers-Resent-Them-And-Everyone-Is-Afraid-of-Them
http://pensionpulse.blogspot.com/2013/10/are-investment-consultants-worthless.html
https://www.investopedia.com/articles/financialcareers/08/gatekeepers.asp

URL Credit

Categories:
U.S. Securities and Exchange Commission (SEC) Investing / Portfolio Management Pension Funds / Public Pensions Institutional Investing / Asset Management Corruption / Fraud Private Equity Consulting Hedge Funds Investment Outsourcing

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