Thursday, 2 July 2009

Interview with ISC chair

An interesting interview with Keith Skeoch by Hugh at Responsible Investor. A snippet:
“I think Paul Myners has done a pretty good job in creating polemic. The interim Walker report will add to that discussion over the summer and when it is finally published, I hope, a step forward on the road to significant cumulative improvement. The one thing that I worry about in the report is that I would hope it doesn’t have proposals that are proscriptive and bureaucratic. The fund management industry remains a diverse and fragmented industry on some issues, partly because people run money in very different ways with different philosophies and processes and we don’t want to see anything that’s heavy-handed.”

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