Big investors are banding together to organize meetings directly with company executives, threatening the large fees banks make from introducing clients
Wall Street’s role as matchmaker between big money managers and corporate executives is under threat.
Five large investors overseeing more than $7 trillion are banding together to directly organize a series of meetings with company executives, according to people familiar with the matter. The first meeting, set for Boston next spring, will host the heads of consumer-staples companies.
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