How to grill your fund managers

RESEARCH

It is highly unlikely all the wealth managers in the UK have met every one of the fund managers they hold investments with - not on a one-to-one basis anyway.

The maths is simply against this happening. If it were true, then fund managers would probably be spending more time explaining their strategies than actually implementing them. This is a shame, because in my view meeting fund managers gives you a significant information advantage over others who conduct their research at a distance. For some, researching funds using due diligence questionnaires might be the only realistic means of conducting qualitative based research. But this must be done with the knowledge that the people who answer fund questionnaires are generally not the fun...