STEPHEN CRANSTON: Value, or a value trap?
Banks provide poor value for money to clients relative to global peers
21 January 2021 - 05:00
It wasn’t so long ago that career analysts were unknown in fund management circles. There was pressure on every investment professional to become a portfolio manager, or they would deem their careers unsuccessful.
Quite different from stockbrokers, for example, where the research department got the lion’s share of the bonus pool and the limelight...
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