's sentiments still linger among high-net-worth investors, according to a new study commissioned by Barclays Global Investors
reports that the study, conducted by Cogent
, found that 71 percent of investors believe that fund firms often put their own needs ahead of investors. Fund firms found themselves at the bottom of the rankings of service providers, below even mechanics and insurance agents. Advisors, meanwhile, were thought by 72 percent of investors who used their services to have the best interest of the customer in mind.
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