The situation is especially difficult for mutual funds, he said.
Are you going on line to do business with your mutual fund?
The world of mutual funds is not so very different.
Since then he has set up several green mutual funds.
That can put a mutual fund in a difficult position.
One mutual fund raised $5 billion in a single day.
But mutual funds and low interest rates have also played a role.
Today, he has $3 billion under management, with only $200 million in mutual funds.
It's quite another to do so when running a mutual fund.
Many mutual funds put only 1 or 2 percent in any one stock.