Q: Dear Peter:
Given your long experience working with some giants like Sprott and running funds, given the current market conditions, do you think Fund managers will sell and lock in their profits for year end performance figures or buy into weaknesses for a better performance figure next few quarters? Won't their buying and selling behavior affect the volatility?
From whatever I read, it seems that year end performance bonuses are important for many in the industry!!
I am not asking to "time the market" but to withdraw money from my Registered account for living expenses:)
Given your long experience working with some giants like Sprott and running funds, given the current market conditions, do you think Fund managers will sell and lock in their profits for year end performance figures or buy into weaknesses for a better performance figure next few quarters? Won't their buying and selling behavior affect the volatility?
From whatever I read, it seems that year end performance bonuses are important for many in the industry!!
I am not asking to "time the market" but to withdraw money from my Registered account for living expenses:)
5i Research Answer:
Year end bonuses are VERY important to managers. While some have moved to three or five-year...