Private markets advantages vs state fund
Can you elaborate on how private markets are more innovative than a state fund?
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Can you elaborate on how private markets are more innovative than a state fund?
Comments
This is tied in to the fact that private markets have a profit incentive whereas state funds mostly do not.
in the study sheet, under Exclusive state fund, it says
These 2 points seem to be contradicting. Is it cheaper or not?
It is more expensive, despite the absence of advertising and commission expenses.