The CFA Institute concludes every strand of the financial industry faces inevitable consolidation, including fund houses, brokers, insurance and other investment firms, if they are to effectively compete. Photo: Sam Tsang
Enoch Yiu
Opinion

Opinion

White Collar by Enoch Yiu

Expect more global investment industry consolidation, predicts leading study

Investors will also shift to passive management funds while fund houses are expected to see thinner margins, CFA survey finds

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The CFA Institute concludes every strand of the financial industry faces inevitable consolidation, including fund houses, brokers, insurance and other investment firms, if they are to effectively compete. Photo: Sam Tsang
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