Jeff Ptak – The Prospects for Active Management - [Invest Like the Best, EP.16]
Invest Like the Best with Patrick O'Shaughnessy
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How to Build a Moat in Investment Management?
Morton: Can you describe what might allow an asset manager, o fund manager, to build a moat around their business or process that can help them out perform in the future? That's a great question. So maybe we'll focus on the most sort of prosaic and measurable a, which is scale, and the benefit that it confers to investors, which is a cost advantage. Now, how about some of the squisher, more qualitative things tan that one can do? You can inculcate a certain culture within your firm,. A round research excellence, a round commitment to the shareholder. What you can do in the course of that is a tract the right type
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