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Are equity funds a perennial loser at the Nairobi bourse?
From an investor's standpoint, there’s clearly an image problem and nobody knows how long it’ll take to regain equity fund assets lost in the bad years.
As a faithful Golden State Warriors fan, it is getting tougher watching them play. It's equally tougher processing 23 losses out of 46 games played yet they started the season with 12 wins out of 15 - first team in NBA history to achieve such a feat.
Now falling below. Five hundred seems likely and talk of being out of Western Conference playoff picture is a little bit frustrating. A “crisis of confidence”? Maybe.
