We also had examined the operations and track records of the few existing emerging and minority managers-of-managers and established a due diligence system specifically designed for use in connection with emerging managers.
But in the streets of Savar, many note that while three managers have been arrested in connection with the Tazreen fire, the factory owner remains free.
Schwab, for instance, won't directly provide investors with the names of the 300 money managers affiliated with its Managed Account Connection service.
The reasons why such financial instruments have received such a pasting in recent years is because many of the managers using them did not understand their mechanics, nor did they run a risk profile that had any connection with feet on the ground reality.