McKinsey puts in-house asset manager up for sale after years of controversy

Q: How long will it take to read this news story?

The story "McKinsey puts in-house asset manager up for sale after years of controversy" has 398 words across 16 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "McKinsey puts in-house asset manager up for sale after years of controversy" was covered 17 hours ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 8 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #25637195</li><li>URL: https://chronographically.beamstart.com/news/mckinsey-puts-in-house-asset-17382491062390</li></ul>

Financial Times 17h ago

McKinsey puts in-house asset manager up for sale after years of controversy - Financial Times

Quick Summary:

The business has since revamped its governance and says MIO’s operations are “intentionally separated” from the consulting arm.

That includes the retirement nest-eggs of current McKinsey partners but the unit also handles the wealth of a wide network of alumni and their families.

In recent years, governance rules designed to prevent potential conflicts of interest have meant MIO does not invest in individual stocks or bonds of any public or private company.