Are Bundled Products Like Mutual Funds and ETFs Getting Risky?
One of my college friends served as the general counsel of a major mutual fund company. When we talk about our respective businesses and business models he often comments on how lucky PE managers are because they do not promise daily “liquidity” to their LPs. By contrast, the biggest fear among mutual fund managers is […]
Are Bundled Products Like Mutual Funds and ETFs Getting Risky? Read More »