Quite right.....the major brand problem they will have going forward is that once you have underperformed for 5 years is mathematically impossible (practically speaking outside of the hedge fund world) to reverse it.
When financial advisors are looking to allocate cash, they are worse than a cocky newcomer with no track record and only a script of Warren Buffett and Charlie Munger sound bites because they now have a poor track record.
Ann: St James's Place Mandate, page-189
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$11.45 |
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Mkt cap ! $2.047B | |||
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| No. | Vol. | Price($) |
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