Active management giants look to cut out bank middlemen on corporate access

Neil Bathon, managing partner at Fuse Research Network, said he isn’t sure why fund firms haven’t moved to hold their own meetings with corporate executives sooner. “I would think it would be natural for those firms to break free,” he said. “Back in the day, before reg FD, they probably did provide some value. No one got around to challenging it or questioning it until fees came more in focus.”

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Article Published on June 26, 2019