By: Margaret Franklin

Margaret "Marg" Franklin, CFA, is president and CEO of CFA Institute. She has been a leader in the investment management industry for 28 years, most recently as president of BNY Mellon Wealth Management in Canada and head of International Wealth Management in North America.

Friedman served us well, but now it’s time to challenge his view of corporate purpose

MARGARET FRANKLIN

THE traditionally-accepted purpose of a business, as famously espoused by Milton Freidman, has been to earn a profit for its owners or shareholders. This concept stood for many years as fundamental and non-negotiable. The investment world has historically been managed on two dimensions: risk and return. For an investor, the question has typically been: how [...]
Opportunities in an evolving financial industry

City Talk

In today’s investment landscape, a paradigm shift is underway. Economic headwinds, ever-changing financial regulations, and the rise of artificial intelligence (AI) and financial technology are transforming the industry. What clients want is evolving, too. Returns alone are not enough. Clients today are looking for asset managers who can meet a comprehensive set of needs and deliver greater value [...]

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