A pair of investment chiefs overseeing $248 billion explain why it’s time to steer clear of a wildly popular investing method — and offer a compelling alternative
|07/22/2019||Posted by BusinessMediaguide.Com under General World News||
- Indexing and other passive investments have become enormously popular in recent years, but Sonal Desai and Ed Perks — a pair of chief investment officers at Franklin Templeton — say active management might be the best approach in today’s market.
- The two manage a combined $248 billion, and they say simple strategies like indexing look more and more risky as valuations continue to increase.
- Desai and Perks said they have serious concerns about the private credit market, pointing to its lack of transparency and the potential for trouble in that market to touch off selling elsewhere.
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