Matthew Stiling - "The Pros and Cons of Internal Versus External Investment Management" (2/16)

ÚŃòư͐Ƥ̧VūƤŉĘĠ ͅ˭̯˭˴̧͆ VūưƜŶĘƸđưŉŶū̧ưŶ̧tòưưŃĠǑ̧¯ưŉŠŉūĻ ͅˮ˱̯˯˭̧͆ IƸŠŞ̌¤ŶĘđòƤư̧0ƙŉƤŶĘĠ ͅˮ̯˱˵̧͆ ŶūĺƜŶūưŉūĻ̧§ŉƤŉūĻ̧»òŠĠūư̧0ǖƙĠūƤĠƤ̧òūĘ̧ ŶũƙŠŉòūđĢ̇¤ƜĠƤƤƸƜĠƤ ͅ˰̯ˮ˯̧͆ ŶũƙòƜŉūĻ̧VūưĠƜūòŞ̌¯đòŠòďŉŠŉưǗ̧ǑŉưŅ́0ǖưĠƜūòŞ̌§ĠŠòưŉŶūƤŃŉƙƤ ͅˮ̯ˬ˱̧͆ 0ūŃòūđŉūĻ̧ƙĠƜòưŉŶūòŞ̌'òưò̧đƜŶƤƤ̧IƸūĘƤ ͅ˭̯˭ˬ̧͆ òŠòūđŉūĻ̧VūưĠƜūòŞ̌'òưò̧òūĘ̧ ŠŉĠūư̧ÂƙĘòưĠƤ ͅ˭̯ˮ˳̧͆ »ƜŉũũŉūĻ̧'òưò̧ǐĠƜŠŶòĘ̧ŉū̧ƤƤĠư̧ŠŠŶđòưŉŶūƤ ͅ˱̯˭ˬ͆ ĘòƙưŉūĻ̧ưŶ̧0ǐŶŠǐŉūĻ̧jŉƛƸŉĘŉưǗ̧'ĠũòūĘƤ ͅˬ̯˰˴̧͆ ĠŠĠďƜòưŉūĻ̧ ŶŠŠòďŶƜòưŉǐĢ̇VūĘƸƤưƜǗ̧JƜŶǑưŅ́ ͅ˭̯ˬ˳͆ ¤ƜŉŶƜŉưŉǢĢ̇ ƸŠưƸƜĢ̇ĺŶƜ̧¯ưƜŶūĻĠƜ̧§ĠưĠūưŉŶū ͅˬ̯˱˱̧͆ ¯ŃŶƜư̧̧̽ ŶūĺƜŶūưŉūĻ̧§ŉƤŉūĻ̧»òŠĠūư̧0ǖƙĠūƤĠƤ̧òūĘ̧ ŶũƙŠŉòūđĢ̇¤ƜĠƤƤƸƜĠƤ ͅˬ̯˱ˮ̧͆ ¯ŃŶƜư̧̧̽0ūŃòūđŉūĻ̧ƙĠƜòưŉŶūòŞ̌'òưò̧đƜŶƤƤ̧IƸūĘƤ

Matthew Stiling - "The Pros and Cons of Internal Versus External Investment Management" - Page 2

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