Does skin in the game help funds manage better?
There is merit in Sebi’s circular as it gives better confidence to unitholders of mutual funds
If a service provider has skin in the game, it does impart confidence to the consumer. However, it is a relative and subjective aspect. If I enjoy Starbucks coffee, do I really bother if 20% of beverage intake of the staff there comprises coffee of that brand? If I enjoy alcohol of a particular brand, am I concerned whether the employees of the firm take alcohol instead of tea or coffee?