Demands on investment managers rising: CFA survey
18 Feb 16
Retail and institutional investors share the view that financial professionals are falling short on the issues of fees, transparency, and performance, according to a new survey by the CFA Institute, the global association of investment professionals. The institute surveyed 3,312 retail investors from 10 countries and 502 institutional investors from six countries between October and November 2015.
Click on the arrows in the picture to see the main findings.
Regional differences found in what investors value from financial professionals with implications for robo-advisors.
Looking ahead three years, the majority of investors in Canada (815), the US (73%), and the UK (69%) say they will still value the guidance of an investment professional to help them versus having the latest technology and tools.
However, the majority of retail investors in India (64%) and China (55%) and half of investors in Singapore believe having access to the latest tech platforms and tools will be most important to executing their investment strategy.
In India 68% of retail investors and 56% of those in China consider brand to be more important than people when it comes to trust.
