RE: Ignore Trolls & Derampers who purport to have “facts”27 Oct 2021 23:07
ShearClass, I believe you are wrong on this one. Looking at total AUM for an entire organisation is irrelevant and disregards the fact that individual fund managers are responsible for much much smaller pots of highly specialist money. A $100m investment could be very significant to a particular fund within those organisations. Large funds will meet with management 3 to 5 times before committing to an investment at IPO and will have their own internal and highly specialist research analysts and go through investment committee processes. These are world class professional investors with reputations to protect and custodians of pension fund money, not gamblers.