> Mr Sudarskis argues that the most vulnerable parties are not the investors, who recieve a share of the fees and willingly sign a contract with their fund managers, _but portfolio companies._
In terms of effected people, i would not call investors the "most vulnerable". Have-nots can't spread risk to the degree a fund manager can and are bound much more to local monopolies.
"The most vulnerable ones to powerful individuals abusing their power to enrich themselfes, are portfolios."
> Mr Sudarskis argues that the most vulnerable parties are not the investors, who recieve a share of the fees and willingly sign a contract with their fund managers, _but portfolio companies._
In terms of effected people, i would not call investors the "most vulnerable". Have-nots can't spread risk to the degree a fund manager can and are bound much more to local monopolies.
"The most vulnerable ones to powerful individuals abusing their power to enrich themselfes, are portfolios."
Sounds weird, doesn't it.