UK Fund Managers Lack IT Strategy, Survey Says IT Given A Back Seat Role


Only one third of the UK's investment management companies have information technology executives on their boards of directors, a clear sign that many of them still don't recognize the strategic importance of IT. "There is an ostrich effect and lack of knowledge at the board level among UK fund managers, which means overall business strategy is not as IT-focused as it should be," says Jane Okereke, account director at The Consulting Group, the London executive recruiting firm which published