However, reading through the article youendupwith the impression that this is because of sterling investigative work by various NGOs and the likes of, err, the New York Times.
Another corollary effect to the conflict that I do not think has ever been discussed before: the analysts evaluating these managers for you are aware that if they make nice with the managers they are supposed to be evaluating for you, they may endup being good enough to work for the investment guys.