Memories of losses during the bear market of the early 2000s, the fund scandal and heavy-hitting new legislation have made investors nervous. As a result, investment companies around the world are scrambling to restructure, a new report finds.

The report, a joint effort by the CREATE and KPMG, is called "Raising the Performance Bar: Challenges Facing Global Investment Management in the 2000s." It asked fund managers from 29 countries about profitability and ways to resuscitate it. The results: Companies are increasingly recognizing that they themselves must change. One of the key issues, of course, is regaining investorsÂ’ trust.

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