Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
FYI: A bull market can make even a troubled industry look good. And make no mistake: The asset management industry is troubled. Strong market returns have masked the pain, feeding complacency rather than sparking a fight for survival.
