Bill Miller, Chief Investment Officer
On this week’s podcast (recorded November 20, 2014):
What we like: Allocations to active managers and passive managers; passive may help save on fees; active may earn a return above fees
What we don’t like: When one side, active or passive, fairs better than the other; active has generally underperformed this year; passive has declared victory
What we’re doing about it: Generally if one is outperforming the other for a few years, the situation will reverse, thus, we are looking at more active managers
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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change.