as a famous book once asked: 'Where are the clients' yachts?' - a realisation of the skewing of benefit that likely has driven a move away from giving investment mangers fat fees for average or worse returns.
#investment
Emeritus Prof Christopher May on Nostr: In the last 30 years the growing suspicion that fund managers are more interested in ...
In the last 30 years the growing suspicion that fund managers are more interested in enriching themselves than their clients has led to a major shift into passive investment funds tracking nominated share indexes & charging lower fees that actively managed investment funds.
as a famous book once asked: 'Where are the clients' yachts?' - a realisation of the skewing of benefit that likely has driven a move away from giving investment mangers fat fees for average or worse returns.
#investment
as a famous book once asked: 'Where are the clients' yachts?' - a realisation of the skewing of benefit that likely has driven a move away from giving investment mangers fat fees for average or worse returns.
#investment