Standing still is not an option. It is important for the Red Chips and H shares to be seen to work as successful investments. There is a real need to build bridges. The fund management groups are concentrating on fewer broker teams. This indicates frustration with much broker product.
Some serious gaps exist between fund managers and brokers' analysts.
Broker research is king when influencing the choice of broker and commission allocations. Top of the list is research and ideas, followed by quality of company contacts and the salesperson managing the account. Communication by the quoted companies is on the slide . This is a serious cause for concern. The dominance of the US fund management groups and investment banks in the eyes of the quoted companies is striking.