KPMG launches Global Investment Fund
What do you guys think of this move? Boom or bust?
Its definitely unheard of for a Big 4 firm to branch out into this area of the financial services industry. Given the vast resources of the firm, they may indeed be able to pull this off. However, do they really stand a chance against the more traditional investment firms that have been around for a lot longer than they have?
No question, but I'm guessing it may be more venture-like and focus on targets below KPMG's accounting range.
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