RE: I’m here for the result2 Jun 2020 11:41
Nolupus - Why would a fund manager have the ability to do better research than a PI? They are not privy to more information than a PI, that would be insider trading. They know the markets well so understand share price movements, they get called upon for funding rounds so get lucrative entry points.
But to suggest they understand the drug the company and the market better than some Pi’s is a falsehood.
They are managing a portfolio of shares so do not have time to dedicate to a small subset.
In the current volatile market it is easy for PI to outperform a fund manager as we can be more nimble with our portfolios.
A fund cannot simply just pull its holding, case an point Lansdowne here they’ve been at it for a month now.