Bull markets, heavy inflows, and aggressive strategies can make for a risky mix.
Which would you rather be?
Investors would have been better off without the drama, but Bill Gross put an indelible stamp on asset management.
Even the best predictors work, until they don't.
Guggenheim Total Return Bond's limited albeit stellar record is marked by risk-taking and staff turnover.
The metric can provide guidance, but not certainty.