“As they develop and improve their record then we add to their FUM. Matt’s been a beneficiary of that, John and Charlie have been beneficiaries of that.”
Over the last few years, however, Sevior’s FUM has only decreased.
1 February 2008 00:00
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Investments
In an environment where markets are becoming ever more concentrated, the $21 billion Team Super is happy to wear plenty of active risk from its managers and won’t use overlays to make up for underperformance.
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