Users Favor Quality Approach to Price Sourcing

New York - With the turbulent market conditions and growing complexities in pricing illiquid assets, there is less value in taking evaluated prices from many sources and using the average price, according to speakers at the North American Financial Information Summit in New York in May.

Alex Golbin, CFA, managing director, BlackRock Solutions, said: "Right now, the key is not to get the average but find that one person who can give me the right value."

There is a growing dependency on vendors beca

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