Every year in this country, we pay fund managers around £7.3bn in fees to control our money. Why? It’s a question that we’ve been asking ourselves for years. So we called in Tom Bulford, a former fund manager, to give us a good answer. Here’s what he said.
In a series of three short videos, Merryn Somerset-Webb talks to Hugh Hendry, manager of the Eclectica hedge fund, about everything from China to the US, Europe, and Japan.