bionic boy the instos would be hesitant to touch this one too.
liquidity, freezs, reputation.
sorry. ditto for financial planners
there are MANY other products that offer similar for financial advisers.
it will be difficult for the research houses to give them a good rating again (ie zenith, van eyk, morningstar, lonsec, S&P)
just cant see them ever recovering in the inflows space.
lets not ignore what happened to lighthouse.
no, can't see them surviving. for the industry's sake i hoe they do, and i know the sales guys and people within, and for their sake as well, but its going to be an uphill battle
you also aren't factoring in what may haen on the markets this year.
dont look at their debt only, look at their distribution model
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