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Fund management must change from an industry into a profession

An industry-wide ethical code would help give City executives meaning and purpose in their roles

Fund management must change from an industry into a profession
Photo: Andrew Lyons

It is a sad truth that the recent geopolitical shifts we are seeing are partly due to failures of the financial world. The repercussions of the financial crisis prompted the need for the financial industry to restore trust and become the trusted adviser it once was.

And it still has a huge role to play in addressing geopolitical risk and providing better outcomes for end investors. But it has to fight for its right to play this role.

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