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In fact, some observers have suggested that the truly smart fund will always be a follower of the top-tier firms.
The challenge for Wealthfront is convincing this segment — battered by the markets as much as anyone– that it's actually possible to beat the market with smart fund management.
His Legg Mason Value Trust outperformed the S&P 500 every single year for a decade and a half through 2005, an astonishing streak regularly cited as evidence that a smart fund manager can consistently beat the market.
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Fund managers handle these Smart Funds and trade on decentralized exchanges, where success is rewarded with a percentage of the profits they have made for investors.
Like any smart fund-raiser, Coram enlisted the stars.
But analysts and political scientists say the differences in the two candidate's monetary support may also represent smart fund-raising.
The newsletter crowd and the smart funds will go on-line, selling pure information.
You can tap into the thinking of the smartest fund managers.
The pre-publication history for this paper can be accessed here: http://www.biomedcentral.com/1471-2288/12/132/prepub This research was funded by the Smart Water Fund Victoria and Water Quality Research Australia.
To switch to a recycled water system, Mr. Butler was helped by a Smart Water Fund government grant.
At the time, he pledged to create a new $500m smart investment fund "to invest in early stage and high-potential companies".
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