This graphic depicts what some would argue is a possible cause for the recent market timing scandal in the US Mutual Funds and Investment Management sector.It suggests that in previous decades in the 20th century , investment banking and investment bankers saw their role as one of stewardship to the investors in the pension fund and other monies they managed. In more recent times some investment bankers see their role as one of a salesman, seeking to attract the highest level of funds under management.This latter role may bring the investment banker into conflict with the interests of the investors placing funds with them. The graphic depicts a dollar symbol on its side with two scenes. The first scene on the left shows the investment banker accounting to investors on fund performance. Note that the investors are in control. In the scene on the right, the investment banker is in his office controlling matters, with a less that deferential style. The words "Investment Banking" are added.
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