MMP129: Celebrity Fund Managers - should you bother?

Celebrity Fund Managers are highly paid poster boys and girls for their respective companies, and their performance and personalities are used in marketing messages which attract millions and even billions into their funds. But are they worth their huge salaries and bonuses or should you avoid them at all costs? In this session you will discover: What fund managers are actually trying to do The levels of (in)consistency among fund managers What makes a celebrity fund manager, a celebrity fund manager What it costs you to choose an active manager The other factor you should look for in a fund manager, in addition to consistency Why it is important to rebalance How much, if any, of your portfolio you should devote to active fund management