U.S. Consultants Watch Out, Department of Labor Urged to Assess Conflicts of Interest
Posted on 06/10/2014
In the United States, bearing mega responsibility, investment consultants are the gatekeepers and advisors to pension fund executives. U.S. Representative George Miller, D-California, has raised concerns about potential conflicts of interest from investment consultants who also act as asset managers. One example of this is Russell Investments which has a consulting arm and invests billions […]
- CalPERS
- CalSTRS
- Department of Labor
- DOL
- George Miller
- investment consultant
- Public Pension
- Russell Investments
- SEC
- Thomas Perez
