The Pros and Cons of Equity Beta

Corey Hofstein: Advisors and financial professionals are very used to buying, you know, a US fund. Global funds don't really exist. So if it doesn't fit within the framework in which advisors and financial professionals typically build portfolios, you often find that they struggle to raise money. "I'm kind of not bullish on, especially US equity for the foreseeable future," he says.

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