....Wonder why Bloomberg is so keen to write a story based on quotes from managers performing in the bottom 1% over the last 5 years?
My cynical side says because they don't advertise (ie give money) to Bloomberg?
The video was a pointed smackdown on ETF naysayers.
I've rarely seen words like "biased advice" used to describe fund managers.
I'm not usually a fan of video news clips, as I read pretty fast, but that was cool.
Video guy said something like --- look at how the messenger is threatened by ETFs and you find why he/she is rightly scared----.