Fundamental market research is essential for the development and implementation of investment strategies alternative asset managers use to deliver for their investors, including pensions, foundations, and endowments.
Financial analysts promote market efficiency through their fundamental research and analysis of public companies from a wide variety of sources. This roots out fraud at public companies, like Enron and Wirecard. Public policy should not discourage fundamental research, as it plays a key role in maintaining fair, efficient, and transparent financial markets. Insider trading cannot be tolerated in capital markets. It creates competitive disadvantages, distorts markets, and undermines public confidence in market integrity. MFA and its members have long supported and continue to promote strong regulation against insider trading.