CFA Institute study: Trust in financial services industry dips compared to 2018 levels

What will it take to boost confidence?

clock • 4 min read

The coronavirus crisis is placing severe pressures on public health, people's livelihoods, and the functioning of economies as businesses adjust to simultaneous demand and supply shocks.

The speed of developments, along with uncertainty surrounding the timeframe and the severity of the economic impact, have made it hard for investors to price assets. As a result, markets are undergoing turbulence as prices adjust to unfolding developments, testing investors' confidence. During this time of heightened volatility, the need for trust in the institutions and advisers that act on behalf of investors, as well as the financial system in which they operate, becomes starkly apparent. Simply put, sound investment decision marking is predicated on trust - it is the bedrock on...

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