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Friday, March 10, 2017 Elite Fundsters Dine and Discuss Atop Manhattan Last night asset management industry leaders gathered high above midtown Manhattan for fine dining, discussion, and drinks, all hosted by a storied investing magazine.
An executive with Barron's declined to comment on the dinner event. The financial publication hosts a number of events each year for financial advisors, events that are naturally sponsored by asset managers. For years the annual CEO dinner, then, has been a thank-you event specifically for top executives at asset managers who sponsor those FA-focused Barron's events. Fundsters describe the dinner as a rare opportunity for valuable, high-level cross-firm networking and dialogue. The panel discussion and the dinner table conversations covered topics including: the future life expectancy of the traditional mutual fund, versus other structures like the ETF and the separately managed account; the growing dominance of bigger advisory shops, which some attendees describe as a shift from an "80-20" rule to a "90-10" one; the DoL rule that might or might not actually take effect this year and spread the fiduciary standard; the rise and future of roboadvisors; and more. Printed from: MFWire.com/story.asp?s=55882 Copyright 2017, InvestmentWires, Inc. All Rights Reserved |