Bull’s Eye
JEREMY THOMAS: Fund managers need new asset classes to invest in
They have always been on the firing line from investors but perhaps it is partly because they have been restricted from lucrative but nontraditional assets
11 July 2019 - 05:06
One should not be surprised at the amount of bad feeling directed towards fund managers.
Even before the passive investment craze kicked in and cheap exchange-traded funds (ETFs) made active investment management look like a doomed pursuit, the poor devils running your unit trust or pension fund would get it in the neck for any reason you could think of...
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