CFA chief Paul Smith says the structure of the investment management industry is inappropriate and does not create a satisfactory outcome for the client. Thus the industry needs to be dismantled and rebuilt.
US Federal Reserve officials also seem to miss the fact that excessive credit growth and leverage have driven monetary and economic instability, says Marc Faber.
Aviva Investors is looking to bring high-alpha products to a wider audience, says global CIO for equities Niall Paul.
Asia Alternative Asset Partners seals distribution arrangements with Lanterne and Reech AiM.
Former Freshfields partner jumps ship to Paul Hastings Hong Kong.
Haig Oghigian joins as arbitration partner.