This seems to introduce 4 levels of manager risk:
1. active decisions to adjust the level of active management by the amount of active funds selected;
2. active decisions to adjust the style of active management by the type of active funds selected;
3. active decisions on fund managers by the particular funds selected;
4. active decisions by the fund portfolio managers;
That's a lot of opportunity for getting the active decisions wrong.
1. active decisions to adjust the level of active management by the amount of active funds selected;
2. active decisions to adjust the style of active management by the type of active funds selected;
3. active decisions on fund managers by the particular funds selected;
4. active decisions by the fund portfolio managers;
That's a lot of opportunity for getting the active decisions wrong.
Statistics: Posted by Northern Flicker — Wed Sep 24, 2025 2:41 pm — Replies 11 — Views 701