Advisers like fund managers to have "skin in the game"

06/20/2011 | InvestmentNews (free registration)

Financial advisers overwhelmingly say they like the idea of fund managers taking stakes in their own funds, a practice commonly known as having "skin in the game." An InvestmentNews online survey found that 89.5% of the advisers participating said it is important for portfolio managers to put some of their own money into the funds they sell.

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