5: $300B LCP’s Dan Mikulskis on The State of Story in the Fund Industry | Why Fund Mgrs Need to Differentiate (For Real) | How Allocators Influence the Future for Boutiques
Billion Dollar Backstory
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The Communication Deficit in the Investment Industry
I think there really is a huge communications kind of crisis, if you like, in the industry. And I think that that's bad for managers because it doesn't help them differentiate themselves from each other. It potentially is also damaging for their clients because I think bad communications can trigger clients into bad behaviors. So it isn't just about managers own self-interest, but of course, also managers could do themselves a favor by differentiating more with better comms, I think.
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