2 million disadvantages ?
Base in July 2014, China central bank benchmark deposit rate is 3% / year, China central bank benchmark lending rate is 6% / year, China private lending rate less than 6% X 4 / year is legal.
So if you have $ 2 million, your traditional investment methods in one year are as follows:
1）Your deposit income for one year is: USD60,000 ($ 2,000,000 X benchmark deposit rate is 3% / year)
2）Your loan income for one year is: USD120,000 ($ 2,000,000 X benchmark lending rate is 6% / year)
3）You folk lending income for one year is: USD400,000 ($ 2,000,000 X benchmark lending rate is 20% / 1 year)
(Suppose folk lending is 20% / 1 year here)
Fund manager trading methods is buying at historic lows and selling at historic highs, wait and see at historic median.
Check 8 years of EUR/USD trend history: high area is about 1.50, low area is about 1.25. But EUR/USD is consolidate around 1.30 during the 2013-2014.
Fund manager uses the conservative trade method: In order to ensure the safety of funds, he may just wait and see, have not "large fund long positions" during the past 2 years.
If case 1 and case 2 occur simultaneously, large funds may be disadvantage, perhaps fund manager can not win traditional investment methods.