OPINION: THE ETHICAL CODES THAT MONEY MANAGEMENT FIRMS ADOPT ARE DESIGNED FOR THE CONVENIENCE OF PORTFOLIO MANAGERS RATHER THAN THE PROTECTION OF CLIENTS: WHOSE MONEY ARE THEY MANAGING YOURS OR THEIRS?
The murky world of personal investing by employees of money managers has seldom been opened up for public…
The murky world of personal investing by employees of money managers has seldom been opened up for public scrutiny. Most investors are not aware that the portfolio manager handling their assets may very well be making investments for himself at the same time he is investing on their behalf. The Secu
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