Almost 40 percent of insurers aren’t using ETFs more than a year after the National Association of Insurance Commissioners rewrote its accounting rules in an attempt to loosen the restrictions.
For active managers to outperform, someone else must do badly, Sanford C. Bernstein's Robert Van Brugge said, and historically that’s been retail investors.
According to The Heartland Institute, research challenging global warming should give managers pause when putting clients into sustainable investments, lack of such pause could violate fiduciary duty they contend
“A lot of the people doing the fearmongering have an interest in old-school ways and are seeing their businesses hurt," the portfolio strategist at Richard Bernstein Advisors said at Inside ETFs.