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Sorry guys, the business case from AIMCO has so many errors that it will take me some time to deal with.
The Peter principle edition; or friends helping friends. #handsoffmypension
The Peter principle edition; or friends helping friends. #handsoffmypension
Let us start again with the (unsigned) TBF summary:
"Experts reviewing pension investment management, particularly in the Canadian context, find that pooling
investments reduces duplication costs"
"Experts reviewing pension investment management, particularly in the Canadian context, find that pooling
investments reduces duplication costs"
Again, I hate to go back to this. This is a misstatement of what unnamed "experts" in Canada think. The sentence is true. But, it is inapplicable to funds that are extremely large (>$100 billion) as I pointed out yesterday.
