The awards were introduced by Michael Sanderson, Chairman of Reuters America and presented by Jemal Kassum, Vice President of Investment Operations, the International Finance Corporation, a member of the World Bank Group. Investing in global emerging markets can be likened to riding a roller coaster. Whether this takes you to heaven or hell depends on which car you boarded and when you get off. Fund management groups want research and will pay for it. They are focusing on fewer brokers but are paying proportionately more commission for research, allowing the leading providers to reap rewards.
Online research is wanted now.
But fund management groups say that they are not prepared to pay for it. They also favor the Internet over existing online providers as the preferred delivery system. Direct contact is growing in importance. Fund management groups are meeting with more corporations and want to increase this even further. The corporations are increasing their contact with fund management groups and brokers, especially on the international side.