Korea’s wealth management industry is in a crisis of trust. To restore investor confidence, regulators, industry organizations, and financial institutions must work together to address the underlying causes of the problems.
Congress, regulators, and enforcement officials at all levels must help ensure public confidence and trust in the financial industry. In short, prompt enforcement based on effective regulations that penalize and deter wrongdoing is critical.
Kate Lander, CFA, CFA Institute head of education for EMEA, highlights key takeaways from the first day of the 2014 European Investment Conference outside the conference venue in London.
Elizabeth Corley, CEO of Allianz Global Investors, challenged the investment industry to act quickly to change its behaviours so as to be regarded as more trustworthy by its customers.
Lim How, the author of two books about motivation, discussed the challenges investment professionals face when building trust with clients and co-workers.
Opening the Middle East Investment Conference in Dubai, speakers recognise the challenges facing investment professionals in the Middle East and call for change.