Manny Pohl is an interesting choice. I know he runs the Flagship Investment Fund, but has minimal AUM.
I am assuming this is because of the outrageous fee structure where it takes 15% over the Bloomberg Aus Bond Index rate. I had to take a second glance when I saw it. Taking 15% for any performance over 1.6%... now that's criminal.
I have heard of such a Low bar for an absolute fund, but never a stock standard high conviction aus equities fund.
I am a big fan of Geoff Wilson, but his line of funds have definitely been off for the past couple of years.
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Manny Pohl is an interesting choice. I know he runs the Flagship...
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