Skin in the game: Fund managers to invest a part of their salary in the funds they manage
Updated: 27 Dec 2021, 11:11 AM IST
TL;DR.When mutual fund managers and the key employees of asset management companies are mandated to invest 20 percent of their salaries in the funds they manage, how will it impact the investors? Let us try to decode.
The skin in the game policy will not apply to the index funds, ETFs and closed ended funds.