Investment professionals have long targeted a buy-and-hold strategy with a focus on the long term. However, one fund manager believes he and his team have a better way that reduces losses during bear markets.
In fact, Mike Dever, founder of Brandywine Asset Management, estimates that their strategy could slash bear-market losses by as much as one-third while maintaining unconstrained upside potential.
Brandywine's retirement-focused strategies seek to outperform benchmarks over a full cycle while limiting bear-market losses and maintaining downside protection all the time. The firm contrasts these strategies with fire insurance, which...
