Tony Dye spent 31 years in the Army, participating in multiple operations across the world. Now retired, his family is raising money for therapy dog training.
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BlackRock Inc.’s iShares U.S. Small Cap Value Factor ETF has only gathered a measly US$45-million of assets since its launch at the end of October, but it has climbed 38 per cent since, almost double the gains of the New York Stock Exchange’s Fang+ index. REUTERS/Lucas Jackson
Lucas Jackson/Reuters
The tale of Tony Dye has become folklore in Britain’s investment industry. Two decades ago, the once-lauded money manager quit his job as Phillips & Drew Fund Management Ltd.’s investment chief and jetted off to the Bahamas to fish for bonefish rather than the undervalued stocks that had made his name.