Sebi is reportedly considering introducing performance fees in #mutualfunds. This is a bad idea. Why? 1) MFs are simple to understand, simple to invest. They need to stay simple. 2) Performance fees incentivize excessive risk taking. 3) Benchmarks can be gamed and performance… https://t.co/Dkj7UfM3WV https://t.co/3cGr9kKeIf
— Neil Borate (@ActusDei) May 5, 2023
via Twitter https://twitter.com/ActusDei
May 05, 2023 at 09:23AM
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