This paper discusses ethics in the money management field.
Written in 2004; 675 words; 2 sources; APA; $ 23.95
Paper Summary:
This paper describes the investment industry. The author points out the conflicts of interest and complexity of the money management field. The paper stresses the need for greater oversight.
From the Paper:
"The investment industry is complex and impossible for any one person to master even when that person is a professional in the industry. Large pension funds and other institutional investors often hire outside consultants to provide expert and objective advice on investment instruments the result is that billions of dollars of investments are under the influence of these consultants. While there can be built-in safeguards against money managers mishandling client funds, there are few guidelines in place to monitor the behavior of these .."
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