NEW YORK--(BUSINESS WIRE)--It has been widely recognized in the investment management industry that asset allocation decisions are often more important to investor returns than the value generated by even the best money managers. Yet the vast majority of exchange-traded funds (ETFs) and mutual funds tend to remain fully invested at all times. Additionally, many asset allocation strategies have historically been “strategic” or relatively immobile, even, for example, in the face of the 2008-2009
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