Asset Management

Fund managers struggle with image problem

Buyside wishes for better reputation amid familiar gripes over fees and transparency

Anne Richards, soon-to-be CEO of M&G Investments
Anne Richards, soon-to-be CEO of M&G Investments

Executives at fund managers representing over £1.2 trillion in combined assets have delivered a damning indictment of their industry's public image.

Top figures at Aberdeen Asset Management, Allianz Global Investors, Standard Life Investments and Columbia Threadneedle Investments, as well as renowned fund manager Neil Woodford have rued the public's poor perception of their industry.

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