The growing segment of exchange traded fund asset managers in the separate accounts space provides asset allocation advisors with more options for downside protection.
ETF Trends’ Tom Lydon sat down with James Breech, PHD, MBA, President and CEO of Cougar Global Investments, to discuss specialized investments ETF strategists offer.
“Most advisors are more comfortable in some kind of strategic asset mix for their clients,” Dr. Breech said.
However, the strategic mix has not always held up during changes in market conditions.
“In a strategic mix, you might have been down 28% in 2008, and it takes years to recover, whereas we were out of the markets in 2008 because, even with our most aggressive mandates, we could get out of the markets,” Dr. Breech added.