New regulations may well be forced on various parts of the industry, which may mean higher business costs. Hopefully competition will keep those cost increases to a minimum and greater zeal by super funds and consultants will keep a lid on other cost increases.
As we are constantly being told, the crisis has provided the best investment opportunities in living memory. Now if only we could be brave enough to take them. It’s easier to wait a little while longer yet. But it probably always will be, right up until the time the opportunity is gone.
30 January 2009 00:04
competition, alpha, redemptions, performance, decision, happens, executives, crisis, custodians, trend, divisions, declining
Opinion
The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.
Leave a Comment
You must be logged in to post a comment.