A new study published by Pershing Limited, a BNY Mellon company, and Investance shows major changes in Europe’s fixed income sector are on the horizon.
Some firms say that lucrative commissions paid only for favorable results is a “system that invites corruption,” yet others say placement agents play a useful role.
The $6.9 billion association has already approved the idea of
outsourcing its investment staff, but will scope out other alternatives
and look at the cost difference between the in-house and outsourced
models.
In an effort to remain a role model for socially
responsible investment, the biggest Swedish pension barred Israeli arms
maker Elbit Systems from its investment portfolios.
Buyout heads met with investors to discuss the role of
private equity in investment portfolios and the challenges and
opportunities confronting the industry.