a clearerpicture

It is imperative communication between investors and asset managers improves, says Don Philips, managing director of Morningstar. Philips argues that ultimately investors associate their experience of a funds performance with how much money they have made, so it is therefore crucial that fund managers advise them better on an entry and exit strategy. Crucial mistake Philips broadcast his views at the first Morningstar conference to be held in London where he gave a talk entitled, Mutual Fund Performance: What you see may not be what you get. He highlighted the difference between 'to...