KPMG Study Looks at Credit Crisis
Findings show wariness among institutional investors
June 30, 2008
The collapse of credit markets over the past year, the embarrassing performance of the big three rating agencies, not to mention the pain suffered by many institutional investors as markets have tumbled, have combined to create a crisis of confidence in institutional money managersone that may be slow in going away. That's the finding of a new survey just released by KPMG titled 'Beyond the Credit Crisis: The Impact and Lessons Learnt for Investment Managers.'
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