Manager of Managers

‘Punch or May Day’ by Benjamin Robert Hayden, 1829
Can a financial advisor manage a portfolio of active funds and consistently select outperforming managers for her clients in advance?
It’s definitely possible, but highly unlikely. Trillions of dollars have come out of actively managed funds and shifted into systematic strategies, rules based strategies and index strategies. Cost is part of the story, but s…

The post Manager of Managers appeared first on The Reformed Broker.

Source: https://thereformedbroker.com/2019/11/04/manager-of-managers/

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