Fund of the week: the importance of pedigree
“You can look at all the figures you like,” says Derek Stuart in Investment Adviser. “But even a company with fantastic margins and great cash flow can be destroyed very quickly by a poor management team.” That’s why a board’s pedigree is of the utmost importance, he says.
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"I bought into four European emerging markets funds following general info from your magazine, and so far I have achieved 25% gains." K Murphy, London
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