Investment research faces the biggest challenge to its business model since Eliot Spitzer, the pugnacious former attorney-general of New York, jammed a mile-high wedge between analysts and bankers 15 years ago. From January, clients must pay for research directly rather than via commission. A horrible shock is predicted as analysts such as me discover what they are really worth. Many say research is in terminal decline regardless.
自15年前好鬥的時任紐約州檢察總長艾略特•史必哲(Eliot Spitzer)在分析師與銀行家之間豎起一道很高的屏障以來,投資研究的商業模式面臨著最大挑戰。從今年1月起,客戶必須直接爲研究付費,而不能支付佣金。有人預計,隨著我這樣的分析師發現它們的真正價值,可能會有一個可怕衝擊。很多人說,無論怎樣,研究已進入末期衰落階段。
您已閱讀9%(596字),剩餘91%(5821字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。