Managers investing in their own funds can add as much as three basis points to returns, according to a report by New City Initiative (NCI).
The report 'Alignment of Interest- How culture defines boutiques' examined how owner-managed small- or medium-sized boutique active asset managers can drive superior service and risk-adjusted outcomes...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow