Suddenly they are all Absolute Return Managers

Isn't it interesting that as soon as absolute returns becomes flavour of the day, fund managers suddenly become good at managing both short and long investments. In addition this is the same Jeremy Lange that deserted investors in his previous fund which was poor performing over the last three years. This smacks more of self interest than in the interest of investors.

posted by : Bob Donaldson, 09 Sep 2010 | 15:11
Suddenly they are all Absolute Return Managers

Isn't it interesting that as soon as absolute returns becomes flavour of the day, fund managers suddenly become good at managing both short and long investments. In addition this is the same Jeremy Lange that deserted investors in his previous fund which was poor performing over the last three years. This smacks more of self interest than in the interest of investors.

posted by : Bob Donaldson, 09 Sep 2010 | 15:12

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