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.
Trust in the financial services industry to do what is right has generally increased since the previous survey in 2013, the CFA said.
Retail investors show a significant increase in trust of the financial services industry, rising from 50% to 61%.
About half the gain was thanks to strong increases in the US, UK, and Australia.
The other half is due to higher absolute trust levels in markets not included in the 2013 study, notably China, India and Singapore.
In addition, investors have a slightly more favourable view of the industry (61% for retail investors and 57% for institutional investors) versus the general population surveyed in the 2016 Edelman Trust Barometer (51%), but in both groups, financial services remains in the bottom tier of trust relative to other industries.
