Thanks Plague for the insight. I still don’t get it that Global Fund(MGOC) performance for calendar year is around 9%, but total funds managed by MFG head group has increased from 100B to 116B. MGOC fund is only 14B, the balance funds MFG are managing has to do better than nominal 16% shown from 100B to 116B. That is not bad results for current calendar year.
So the problem is only with MGOC investors from whom all this noise with 14B assets of 116B.
Do you agree with what I am saying or can you explain your understanding.
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- Ann: Funds Under Management - November 2021
Ann: Funds Under Management - November 2021, page-125
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