LISTENING : ASSET MANAGEMENT

Listen to this interview about asset management and check the meanings of the words and expressions in bold.

baffling
central thesis
served the needs of
tend to
even though
over time
double digits
drive down
fat returns
as the saying goes
vivid
hand you
hopeless
damning
luck over skill
genuinely
look back over the past 10 years
to spot
15 straight years
abysmal
accurately
skillful
credit crunch
betting
undermine
it's been around
undergoing
witnessed
to claim credit for
it's all down to
narrow that down
so-called
exchange traded funds
low fees
driver of change
so on and so forth
mimics
over the long run
the likelihood is
turning to
the skill set
terribly skillful
narrowed
plausibly
riding on the back of
as we go ahead
sovereign wealth funds
wary of
flack
buying stakes in
broader spread of
retreating from
putting aside
come up with
attractive proposition
Would you care to...?
accordingly
lock in the return
a punt
coming back to
overall
sustainable investing
mistreating
sued
turn out to be
bogged down in
a trade-off
to beat the market
aim for higher returns
a backwater
sensible
to rely on
to pick