Ethics in the Investment Industry
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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 .."
Cite this Essay:
Ethics in the Investment Industry (2004, December 01) Retrieved October 16, 2019, from https://www.academon.com/essay/ethics-in-the-investment-industry-71926/
"Ethics in the Investment Industry" 01 December 2004. Web. 16 October. 2019. <https://www.academon.com/essay/ethics-in-the-investment-industry-71926/>