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**Chris** · 12-04-2020, 17:55

Also worth pointing out that investment funds are obliged by law to act in their stakeholders interests, just as PLCs are obliged to act in their shareholders interests. They don’t have the luxury of deciding not to move with the market, just because the market has moved due to a crisis.

You’re entitled to think that this is a fundamental problem with our system of financial regulation, but you’re not entitled to criticise companies and funds for acting in accordance with the law. Not if you want to be taken seriously anyway.

12-04-2020, 17:55	#166
Chris Trollsplatter Join Date: Jun 2003 Location: North of Watford Services: Humane elimination of all common Internet pests Posts: 38,120	Re: Sir Keir Starmer elected as new Labour leader Also worth pointing out that investment funds are obliged by law to act in their stakeholders interests, just as PLCs are obliged to act in their shareholders interests. They don’t have the luxury of deciding not to move with the market, just because the market has moved due to a crisis. You’re entitled to think that this is a fundamental problem with our system of financial regulation, but you’re not entitled to criticise companies and funds for acting in accordance with the law. Not if you want to be taken seriously anyway.