13-05-2021 18:27 via theguardian.com

Fund management ‘irretrievably broken’, says star investor

James Anderson of Baillie Gifford criticises ‘near pornographic allure’ of earnings reports and headlinesThe star technology investor James Anderson has taken a parting shot at fellow fund managers addicted to the “near pornographic allure” of earnings reports and macroeconomic headlines, as he claimed the industry was “irretrievably broken”.The outgoing co-manager of the FTSE 100-listed Scottish Mortgage Investment Trust said his own “greatest failing h
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