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FundSource expresses “concerns about irrational investment decisions”
Wednesday 2nd of November 2005
Managed fund research house FundSource says that when you look at fund flow figures it appears there are some “irrational investment decisions” being made.These include investors leaving managed funds to chase the higher yields available from deposit and debenture type investments in the high interest rate environment.
“This pattern of chasing returns, while typical, is generally not a succ...
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