Lessons for the fund management ecosystem
(A version of this article appeared on April 12, 2019 on Bloomberg Quint, link below https://www.bloombergquint.com/opinion/a-bankers-lessons-for-the-fund-management-ecosystem ) Lessons for the fund management ecosystem Investors in a few debt fixed maturity plans have recently realized that their mutual fund investments are indeed subject to market risk. As usual, we will likely go through some all-round hand-wringing, and then move on. That would be a pity, because there are constructive lessons for every stakeholder to take away – for investors, commentators, the government, regulators, and most importantly, for asset managers. Starting with the man in the mirror As investors, we have to recognize that the statutory warning that accompanies mutual fund investments is for real. Likewise, as commentators in this twitter age, we have to take a deep breath and put things in perspective. There are issues that need to be urgently addressed...