Let’s face it – there are so many different types of investment funds in the market, it’s hard to keep up. Even as a professional, I still have trouble working out what the latest “market driven quant neutral real” strategy means??
So to put it in terms that are easier to understand – what musical style would these investment funds be?:
Hedge Funds = Hip Hop – some massive stars but a lot of crap, too much bling
Quant Funds = Ambient – lock yourself away in a dark room by yourself
Ethical Funds = Indie/Alternative – outside the mainstream who consider them a little weird
Balanced Funds = Middle of the Road – they do the job but no one gets that excited about them
Tax-Driven Funds = Eurovision – come around once a year and look fun but mostly turn out to be flops
Index Funds = Electronic/dance music – started on the fringe but now dominate. Cheap and easy to DIY
Whole of Life = Disco – big in the 70’s but pretty much disappeared
Technology Funds = Brit Pop – dominated in the late 90’s/early 2000’s before disappearing
Small Cap Funds = Heavy Metal – volatile and highly amplified
What I have I missed?