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Isn’t the market working in the sense that investors are now favoring conservative mutual-fund families?

April 26, 2017conservative Families favoring investors isn’t market sense working

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Isn’t the market working in the sense that investors are now favoring conservative mutual-fund families?

1 Answer

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We do see money going to low-cost funds. But this industry has never found a strategy to deal with our Achilles’ heel. The better you do in the past in creating superior performance, the more money comes in, and the less superior you’ll be in the future.