When will the FMA act on performance fees?
ANALYSIS: Fisher Funds milks the market rebound post-Covid, contrary to guidelines under the KiwiSaver Act.
Fund management with performance fees: nice work if you can get it.
Fund managers are like rock stars. Not so much in the sense of being charismatic artists influencing the style of a generation, you understand, more in having reached the pinnacle of a profession aspired to by many but achieved by only a few.
Plenty are attracted to fund management’s money-making
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