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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (11005)	11/9/2001 5:36:42 PM
From: Moominoid	Read Replies (2) \| Respond to of 74559

You definitely can get some funds long-term even with terrible performance, but less. What I noticed here (in Aus) was that it takes a few years lag time for performance to have a real impact on funds inflow. At first all the advisors plugging various products they get extra commissions for keep sending money the same way. But after a while their clients are coming in and saying "my mates tell me Colonial First State is really good can you put me in that"... Superannuation funds are even slower to respond in changing the managers of their money, but new inflows can get directed to the better funds.