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Jonathan Schiessl is in Mumbai and Delhi meeting company management, government officials and the people who are driving the world’s fastest growing major economy.
In the current volatile market environment, many investors may be feeling less than positive about investing due to associated risk. “What is risk”, you may ask. The reality is that risk is a different thing to different people; however, it largely refers to exposure to some sort of danger.
Historical performance is the biggest driver of money flowing into unit trusts. After a unit trust does well, flows come in, and after performance dips, investors move money out. But it is precisely this behaviour that is most detrimental to wealth creation.
Despite being one of the main drivers of growth and competitive advantage, brand value is often underestimated in the business world.
The strongest deterrent against FSP compliance missteps is or should be: