“Phil, I’m a melting ice cube.” I was having lunch with a friend who holds a senior position at a large, dull asset manager. “Nothing works anymore. Nothing. Not on the portfolio side and not on the distribution side. We’ve been surviving on rising market price levels, employee attrition, and the...
The Fund Manager
Slowly melting ice cubes: How to survive the commoditisation of the asset management industry
Slowly melting ice cubes: How to survive the commoditisation of the asset management industry
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