When to Ignore a Fund Manager

The active asset management industry is overpopulated and hugely competitive, and, as with any sales activity, delivering the ‘appropriate' message to prospective and incumbent clients is hugely important. They are a range of common utterances from active fund managers, which feel as if they are intended to cultivate a certain image or manage client concerns, rather than present a realistic assessment of crucial issues. The types of statements listed below should be disregarded, or at least considered with a liberal dose of scepticism: