INVESTMENT BANKING
FIN 4018
Unit 5: Tutorial Questions & Answers – Asset Management and Wealth Management
1. What is the difference between asset management (AM) and wealth management (WM)?
2. Why would a wealth manager choose to allocate some of a client’s asset to another bank?
3. How are the different functions of the sell-side versus the buy-side manifested through
their fee structures?
4. What drove the need to separate research and investment banking?
5. How have the U.S. enforcement actions against sell-side research in 2003 heightened the
issue of declining research revenues?
6. What are the objectives of Regulation FD? What are the concerns about this U.S.-based
regulation?