Data & Research
The results were “not just predicated on expense ratios,” an expert says.
“Just because someone’s charging 1% doesn’t mean you should take them off your list,” an expert says.
Even some of the industry’s cheapest products “may be overpriced” in that they’re “mirroring a passive index,” an expert says.
Many of the executives selected this year say the industry’s future may lie in its sudden change to a fully virtual business model.
“These funds got an assist from the Fed when they were told they would backstop the higher end of the high-yield credit industry,” an expert says.
“I do believe that clients sometimes get too caught up in expense ratios,” an expert says.