Hell's kitchen: it's time to wield the knife
New Year, new product. In fact, new week, new product. Fund launches continue apace and each claims to offer something exceptional, unusual, unique or insightful. However, there are a creeping number of more modest announcements. These concern rationalisations, consolidations, cutbacks, or business reassessments. Released late on Friday afternoons, or just before holidays, they are about the ailing funds, the bunch of poorly nourished, barely-led products that trail the shooting stars. Comedian Michael McIntyre has a sketch about the forgotten spices that languish at the back of every...
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