In most AMCs, fund managers already invest a large part of their money in own schemes. : Skin in the game is a good thing in any business, especially in the one of managing money. In spirit, the principle of having senior management and fund managers invest in the funds they manage and sell adds further accountability on their shoulders. Most sophisticated investors, especially globally, also demand this from asset managers, because it builds confidence.
In this article
No tags related to this article.