The pioneer in actively managed ETFs told advisors at the Financial Planning Association’s national conference that low-cost active managers with “skin in the game” more often than not beat their passive benchmarks.
Equities and private equity are likely to maintain their strong positions in family office portfolios.
At the very least, risk is on the rise.
The financial markets can no longer expect the Federal Reserve to provide them with unwavering support.
Caution: These equities exhibit higher volatility than large caps because they are riskier businesses.
Warren Buffett has his eyes on DC.