Shane Norman

2 comments By Shane Norman

  • I'd absolutely support any reduction in the panoply of acronyms that do little except obfuscate meaning and encourage lip service.

  • The article cites a claim that ETFs for private investors sometimes charge management fees of 80-90bps. As the Investment Association wrings its hands over the fees issue (and simultaneously washes them of it), it's instructive that the culture of the asset management industry continues - in this example, at least - to be disdainful of the poorly-informed, even preying on them. This is an extraordinarily counter-productive attitude in a service industry.