The unrelenting pressures buffeting the local funds management industry are taking their toll, as many firms experience sharp declines in the funds they oversee.One of those is Rich Lister Peter Cooper’s eponymous Cooper Investors, which is navigating a string of external forces hitting the whole industry, but also underperformance in many of its funds and relatively high levels of employee turnover over the past two years.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Active funds management’s great unravelling has hit Peter Cooper hard
His company, which once managed $14 billion, is being ravaged by underperformance and is also dealing with high staff turnover and external forces.
87 words~1 min read
