Myners’ hard line on soft dollars

Headline: Myners’ hard line on soft dollars Source: EuromoneyDate: April 2001Author: Julian Marshall         Paul Myners It may have been buried towards the back of a long report but it has certainly elbowed its way into the spotlight since. A call by Paul Myners, in his review of the UK’s investment industry, […]

Headline: Myners’ hard line on soft dollars
Source: Euromoney
Date: April 2001
Author: Julian Marshall

       
Paul Myners
It may have been buried towards the back of a long report but it has certainly elbowed its way into the spotlight since. A call by Paul Myners, in his review of the UK’s investment industry, to address how and why fund managers pay commissions to brokers has sparked a heated debate.

At the heart of his proposal is the idea that there is too cosy a relationship between brokers and fund managers.






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