By Suzy Waite, Annie Massa and Christopher Cannon of Bloomberg
When investing, always consider the other side of the "trade” could not be more important than now, when considering which manager to utilize.
Bloomberg’s take is an excellent overview. Manager Select from Strategic Asset Alliance is a more detailed resource for insurers.
"For years, mom-and-pop investors frustrated by high fees and subpar returns from big-name money managers have been shifting their savings into ultra-cheap funds that simply mimic the returns generated by benchmark stock and bond indexes. Passive investing, as it is known, was in. Active was out."