Asset Allocation
BofA’s Answer to a Bear Market: Outdex, Don’t Index
The shortcomings of the S&P 500 make this method preferable, says the bank.
Sure, passive beats active hollow overall, but ferreting out the market beaters is worth it. Some pension funds heartily agree, some really don’t.
Buyers of the funds triple in number, although these securities are still a small part of carriers’ portfolios, study says.
Union says ruling prevents 80,000 members from losing average of £24,000 in pension benefits.