“…the best efforts of those focused on product, not investors, are ultimately doomed to failure.”
Tag "David Swensen"
It goes without saying there are risks when one plays politics with other peoples’ money. The depths of the ensuing fiduciary liability will only be tested when the tort bar brings the matter to court. Until then, fiduciaries may wish to proceed with caution.
Alts may be the all the rage, but are they really worth it?
Golden tells us how Swensen’s books have explained why a fiduciary cannot use a cookie-cutter approach.
As the fight shift from adopting a fiduciary standard to redefining “fiduciary,” we learn the fee-counters might be counting the chickens before they’re hatched.
FiduciaryNews Trending Topics for ERISA Plan Sponsors: Week Ending 6/7/13
Would you trust the state with your 401k? Proof Fee Disclosure Failed and the Fiduciary battle rages on.