The departure of Mr. Gross should teach advisers and their consultants a lesson about how little they know about how their clients' money is being managed, according to investment consultant Tom Brakke.
“Of the hundreds of due-diligence reports that were written on Pimco up until El-Erian's departure, how many of them talked about potential cultural conflict?” asked Mr. Brakke. “How can it be that we have all these eyes on an organization and that nobody got wind of the fact that there was something organizationally that wasn't right?”
QOTD: So many eyes, so little vision
QOTD comes from Tom Brakke @researchpuzzler, the web’s foremost authority on investment mgmt organizations.
http://t.co/IGbuHNRUs6
RT @ReformedBroker: QOTD comes from Tom Brakke @researchpuzzler, the web’s foremost authority on investment mgmt organizations.
http://t…
RT @ReformedBroker: QOTD comes from Tom Brakke @researchpuzzler, the web’s foremost authority on investment mgmt organizations.
http://t…
RT @ReformedBroker: QOTD: So many eyes, so little vision http://t.co/UPEvBOagiY
RT @ReformedBroker: QOTD comes from Tom Brakke @researchpuzzler, the web’s foremost authority on investment mgmt organizations.
http://t…
thanks to @trhunnicutt of @newsfromIN for including me in @pimco story and @ReformedBroker for the highlight
http://t.co/yvqxcqTYL7
RT @researchpuzzler: thanks to @trhunnicutt of @newsfromIN for including me in @pimco story and @ReformedBroker for the highlight
http:/…
… [Trackback]
[…] Here you can find 51048 additional Information on that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]
… [Trackback]
[…] Read More on on that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]
… [Trackback]
[…] Here you can find 77000 additional Information on that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]
… [Trackback]
[…] Read More Info here to that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]
… [Trackback]
[…] Here you will find 54142 more Information on that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]
… [Trackback]
[…] Find More to that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]
… [Trackback]
[…] Here you can find 45742 more Info on that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]
… [Trackback]
[…] Read More on that Topic: thereformedbroker.com/2014/09/27/qotd-so-many-eyes-so-little-vision/ […]