As this column noted a month or so ago (Fund management moving the goalposts), performance is the name of the game in fund management. Outperform or, more commonly, convince naïve investors and compliant financial advisers that you have outperformed (when really you haven’t), and the cash will
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).
