mutual fund management rush

[amoslord]

it's like the mutual fund environment will soon be saturated.everyone(virtually all the banks,in bid to out wit another) are coming out with one product or the other.maybe we'l soon c a 120% equity investment strategy if not existing.wetin man pikin go do oooo.

i also observed that when tins are getting attention like this,gongo go so any moment(i may be wrong)

[knightofdelta]

Originally Posted by amoslord

it's like the mutual fund environment will soon be saturated.everyone(virtually all the banks,in bid to out wit another) are coming out with one product or the other.maybe we'l soon c a 120% equity investment strategy if not existing.wetin man pikin go do oooo.

i also observed that when tins are getting attention like this,gongo go so any moment(i may be wrong)

Yes, I agree with you. The rate at which these mutual funds are coming out is getting scary. We have portfolio managers without any track record coming up with funds. In an environment where regulatory authorities have no regulatory powers, these people can just easily rip off investors.

[Michael]

Originally Posted by knightofdelta

Yes, I agree with you. The rate at which these mutual funds are coming out is getting scary. We have portfolio managers without any track record coming up with funds. In an environment where regulatory authorities have no regulatory powers, these people can just easily rip off investors.

Maybe Ripping off of Investors is the game Plan. I won't be surprised if the banks use the money to fund Businesses and retire Interest-like dividends or less to their Investors.

You are better off Investing by your self.

[amoslord]

tried a couple of tyms to manage by self,but.......kai!my finger still hurt badly.even to d wayo bbroker i got.so had to rely on fund managers.i jst pray make kasala nno go burst.AMEN