The scrutiny of ‘regular’ funds managers, and the transparency of how they have performed, has helped keep their Australian prices among the absolute lowest in the world – despite what The Coop might think. Uncovering the same truths about TMs will be a torturous process – I can tell you firsthand – but it will be worthwhile, particularly as funds continue reorganising portfolios into 2010.
30/11/2009
jeremy, futureplus, cooper, marshal, i’ve, clients, i’m, models, performance, transition, specialist, agency
Opinion
There is broad consensus in industry and Canberra that the collapses of the Shield and First Guardian master funds – and failures that led to them – demand a regulatory response. But getting that response wrong could create an uneven playing field in the industry and some counterproductive consumer outcomes.
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