The co-founder of Oaktree Capital Management on how advisors can stay competitive, the tyranny of benchmarks and why cash is not the best way to de-risk a portfolio.
With some very notable exceptions, all but a handful of these top-performing actively traded ETFs have struggled to return more than 7 percent so far this year.
AllianceBernstein Holding LP upgraded its virtual assistant Abbie so she can now suggest the best bonds to buy and sell based on pricing, ease-of-trading and risk.
