Being successful in today’s ultra-competitive asset management environment is not about being a star manager over the short term. These days, what separates the good from the average manager is the use of sound principles that focus on the investment process over the long term, rather than the outcome. This is according to Peter Linley, who is responsible for the management of South Africa’s longest running unit trust, Old Mutual Investors’ Fund, which celebrates its 50th anniversary this month. (more…)
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