undervalued

Zombie Funds Sucking On $116 Billion In Assets: Preqin

Apparently it is not just World War Z where ferocious zombies suck the blood out of innocent bystanders—I don't know the plot, so I am just guessing based on how all these vampire, zombie and werewolf invasions play out. The asset management industry also has a unique strain of zombie funds which have entrapped billions of dollars in their tight grips and have no plans to expand, raise more money or churn out decent returns.

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