Some asset managers appear to prioritize AUM growth through aggressive client acquisition tactics rather than performance-driven strategies. This high-pressure sales approach to managing assets reflects a broader market trend where expanding the asset base takes precedence over sustainable value creation—a strategy more akin to telemarketing than genuine wealth management.
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blocksnark
· 22h ago
Basically, it's just about scamming money, treating customers like leeks to be harvested.
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AirdropCollector
· 01-15 11:36
Basically, it's about looking good but not selling anything, everywhere hyping up new users, just like a street vendor.
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SerLiquidated
· 01-14 18:24
Basically, it's just about boosting scale regardless of life and death, no different from selling insurance, it's really outrageous.
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RunWithRugs
· 01-14 18:15
Basically, it's a numbers game. They don't care whether you make money or not; first, get the money in, and then talk.
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ChainWatcher
· 01-14 18:11
Basically, it's just about scamming money, and they don't care whether you make a profit or not.
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LucidSleepwalker
· 01-14 18:03
Basically, it's just hype and setting up a scene; they don't really care whether you make money or not.
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NotFinancialAdvice
· 01-14 18:00
Basically, it's just about aggressively attracting customers to scale up, regardless of whether people are making money or not... This tactic is even more outrageous than selling insurance.
Some asset managers appear to prioritize AUM growth through aggressive client acquisition tactics rather than performance-driven strategies. This high-pressure sales approach to managing assets reflects a broader market trend where expanding the asset base takes precedence over sustainable value creation—a strategy more akin to telemarketing than genuine wealth management.