| Synopsis: |
Products will become more sophisticated.
Until recently, the investment fund management industry has been focused almost entirely on
measures of return, though, only a small percentage of 'active' managers have been able
to beat their respective benchmarks. Historically, the market has always been able to
provide a hot fund, or a strong sector trend, but finding a fund with consistent long term
performance and an ability to navigate through a succession of market environments has been
very difficult. |