CFA Institute recently released results from a survey investigation investment professionals’ views in the Asia-Pacific region on the ethical conduct of field practitioners. According to the survey, most respondents find “selling to or investing for products regardless of suitability ” as the most common unethical behavior existing in the field.

41% of investment professionals in Asia-Pacific think that “selling any product without thinking about its suitability to the client” is a common unethical practice. Non-declaration of conflict of interests comes second, scoring 30%.

The survey also indicates that the investment community holds a fairly positive attitude towards ethics as displayed by industry practitioners; a total of 66% think that conduct of investment professionals is very ethical and somewhat ethical.

The next article will look at other data sets.

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