Is it All About AUM?
When looking at two mutual funds, say one has 10B AUM and one has 20AUM, is the bigger one necessarily a better place to work? Why would a fund with a strong track record voluntarily stay small? If the Research Team at both funds is about 25 people, will they be paid more at the one with more AUM? I know this is a high-level question, but when comparing Asset Managers, I feel as though the pedigree of the investment team dodes not seem to be correlated with AUM that closely.