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John Kay: "We in this industry need to do something about what it is our customers, our investors actually mean by risk."
The categorisation of investment risk on key information documents (KIDs) is "positively misleading" for the end investor, according to economist John Kay.
The Scottish Mortgage Investment Trust non-executive director said the industry needed to do something about the way investors understand risk. "KIDs risk categorisation is not only irrelevant to that...
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