Skin in the game is a divisive topic for fund selectors, with some wanting managers to have the courage of their convictions while others prefer objective decision-making not self-motivated investments.

One selector I spoke to said he always seeks to measure how much a manager has invested in his own funds, as it shows him that the PM has courage in his or her convictions.

However, a separate asset allocator said managers piling into their own funds sows seeds of doubt in his mind, as it shows a lack of confidence in being able to generate external interest.

But is that the same for everyone? When we ran a similar poll asking about fund manager investment levels in 2011, a resounding 67% said they would steer clear of strategies which didn’t have the lead PM's own money in. So, have attitudes changed over time?

Cast your vote below and feel free to add any insights or comments below. Make sure to check back next week to find out if you are keeping step with fund selection peers or taking a more contrarian stance.