Cover
RAPPORT

The Purpose of Asset Management

This challenging paper furthers the debate about whether the asset management industry fulfils its purpose.

A challenging paper published today furthers the debate about whether the asset management industry fulfils its purpose. The industry’s purpose is to generate returns for investors as well as mitigate risks for them, leading to the movement of capital to where it is needed in the real economy. The authors believe that the industry does not adequately fulfil its purpose and that this problem is primarily caused by overreliance on a theory of investing which has failed to evolve enough since the 1950s to meet current challenges. This contributes to, and perpetuates, misalignments of interest with the industry’s customers by focusing internally on capital markets and not enough on systemic issues.

The "Purpose of Asset Management" is authored by academic practitioners Dr Jim Hawley and Jon Lukomnik. The debate is facilitated by Pension Insurance Corporation, a specialist insurer of defined benefit pension funds. This paper is the second in the Purpose of Finance series1.

logo experttube

Video's op het gebied van Audit & Control, Actuariaat & Risk Management, Juridisch & Fiscale Zaken, Pensioenen, Schade & Hypotheken, Compliance en Investment Management.

Bekijk ons volledige overzicht op www.experttube.nl.

logo CareerTube

Videoplatform met werkenbij video's van toonaangevende organisaties in de financiële wereld. Met een focus op de finance specialisatie zorgt de koppeling met de 17 (niche) vacaturesites van CareerGuide direct voor een relevant bereik.

Bekijk ons volledige overzicht op www.careertube.com.