Distributor due diligence of mutual funds “overrated”
John Cappetta, a senior fund gatekeeper at Julius Baer, is refreshingly open about asset managers' sales strategies, client behaviour and discretionary portfolio management.
![Distributor due diligence of mutual funds “overrated”](https://cdn.i.haymarketmedia.asia/?n=asian-investor%2Fcontent%2FJohn%20Cappetta.jpg&c=1&h=677&q=100&v=20243101&w=1204)
High-net-worth individuals are ideal clients, due diligence is overrated for mutual funds and pushing hot products is a bad approach, argued John Cappetta, Singapore head of managed solutions advisory at Julius Baer.
These were some of the surprisingly candid views he voiced when speaking about product strategy and selection at AsianInvestor’s Fund Selector Forum in Singapore last week.
In comments that were not welcomed by everyone in the audience, Cappetta said his preferred c…
Please sign in or register
for free access to 1 article per month from AsianInvestor’s content and archives of over 16,000 articles.
¬ Haymarket Media Limited. All rights reserved.