In response to a continuing trend toward passive strategies — and amid the current low interest rate environment — managers are continuing to look for any available cost-cutting avenues to juice returns.

Bonnie Baha, the global developed credit director at DoubleLine, warns that as managers focus on passive tactics, "it's easy to get lulled into a sense of security."

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.