"All the best to those that bag fund managers for the lack of backing of developing/exploration companies...they are in the business of making positive returns year on year (ps the way to generate wealth)."
IMO, you are as likely to make money throwing a dart at the share page and picking the stock it lands on as you are investing with a fund manager. I put them in the same category as analysts...overpaid crystal ball gazers
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no rerate on this announement, page-24
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