Disruption has become one of the most used words in modern investing. The bifurcation of sentiment and valuations among those deemed as victims and those as initiators has often become extreme.
Investor fervour to 'be on the right side of change' has not only driven the valuations of the perceived winners to excessive levels, it has also resulted in the overlooking of many fundamentally sound...
Left in January
Transparency issues with no-fee structures
Would cause damage to other emerging markets
Questionnaires sent to firms