When was the last time you heard a fund management company complain about the amount of new business...
When was the last time you heard a fund management company complain about the amount of new business it is getting? Probably never you may think, but it is becoming an increasing issue for groups today and in many cases is linked to the apparent rush of fund managers leaving the retail market to establish hedge funds. A dilemma for many groups is that while they may have great sympathy with managers asking to put a cap on fund sizes, as every good marketing director or managing director knows, when your funds are hot your board or shareholders are not going to thank you for turning away ne...
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