Fidelity's Anthony Bolton - What's a SIV?

Writing an opinion piece for Hargreaves Landsdown, the legendary UK fund manager, made the following claim

"In nearly four decades of investment, I had never come across SIVs - special investment vehicles - until the past 12 months."

Now that sort of ignorance is worrying given he was someone who was running one of the largest UK investment funds for over 10 years.

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posted by John Wilson @ 9:07 AM Permanent Link newsvine reddit


At 1:58 PM, Blogger Hawkeye said...

Knowing you as I do I can't believe you have made this remark with anything other than tongue firmly implanted in cheek. This kind of lack of knowledge is hardly unique or rare in this market. I know I shouldn't even have risen to your bait, but I could not stop myself.


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