Thank you. The fund manager's comments suggesting that the index funds are unnecessarily risky make sense now. The original article kind of made it sound like

Thank you. The fund manager's comments suggesting that the index funds are unnecessarily risky make sense now. The original article kind of made it sound like the fund invested in stocks and still managed to underperform the stock market. If you draw that assumption, it makes this sound like an open-and-shut case of negligence.