Phil Oakley 

Alpha: Phil Oakley's shares round-up 25 October

Alpha: Phil Oakley's shares round-up 25 October

Beating the stock market consistently is very hard to do. Yet many fund managers are making ludicrous amounts of money for trying to do so. This is largely a function of their asset-gathering business models, which rewards them handsomely for managing lots of other people's money. In my opinion, fund managers should only be paid for outperforming the market they are benchmarked against. 

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