Asset managers have a habit of moving in packs. When there is money to be made and assets to gather, the investment management community has a track record of displaying significant herd mentality.
The Morning Briefing: UK at risk of losing sustainable ranking; important warning on new active ETFs moneymarketing.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneymarketing.co.uk Daily Mail and Mail on Sunday newspapers.
Investment companies deregulation: the rise of Skywalker? JB Beckett analyses talk of reform to sector regulation ifamagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ifamagazine.com Daily Mail and Mail on Sunday newspapers.
The news of a financial scandal can be sudden and dramatic; the clear-up from the fallout both tedious and incremental. This is true for investors trapped for years in the collapsed Woodford Equity Income Fund.