H2O in troubled waters

France
On the 07.08.19 at 7:34AM

by

Valérie Riochet

The asset manager, which holds illiquid assets in its open-ended funds, must reassure its investors, despite risk control which some have deemed insufficient.

“Steep and sustained underperformances, harmful rumours, and negative media reports are the Achilles heel of the asset management industry”, one portfolio manager lamented. First, GAM, then Woodford, and now H2O AM.

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