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Special Supplement: Roundtable - it all comes back to a matter of evolution.(Discussion)(Company...

Henry Smith: According to investment management consultants, Investit, there were 35 live investment operations outsourcing deals at the end of 2006. Such outsourcing contracts have been marked by a number of headline failures, albeit dating back 18 months now. There was the termination of outsourcing deals between Bank of New York (BoNY) and Merrill Lynch Investment Managers, JP Morgan Worldwide Securities Services and Schroders to name but two.

So, my first question to you all is: How do you think investment operations outsourcing is evolving? What lessons have been l

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