It all depends on how quickly you think Hamish can turn it around I guess.
The three and 5 year outperformance numbers are now very unimpressive for the fees being commanded.
Have we also seen the man under pressure? The pressure is on now to turn this around. Hopefully panic doesn't set in.
I just wouldn't be touching this till you see a turnaround in the numbers. If we get a market pullback every chance this gets hit a lot harder than other fund managers. Maybe worth a look then.
MFG Price at posting:
$36.62 Sentiment: Sell Disclosure: Not Held
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