Most firms are hierarchical in nature, with everyone getting different slices of the economic pie. The problem is those slices are negotiated every time a firm raises a new fund, so in between funds, which is most of the time, the partners are trying to outgun one another to make a stronger case for themselves.
Sentiment: NEGATIVE
Mutual fund managers want your money in their funds. They get paid based on assets under management.
No opposing quotes found.