The 6000 investors in the First Guardian Master Fund now have definitive proof their superannuation savings were in the hands of what I believe to be one of the worst fund managers of the past 40 years.I would go as far to say that First Guardian Capital, a subsidiary of the responsible entity Falcon Capital, is actually the absolute worst of the worst.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Australia’s absolute worst fund manager
First Guardian’s bosses failed every test of money management, breaching principles of asset allocation, conflict oversight, and capital safety.
84 words~1 min read
