FYI: In choosing a money manager, one key issue comes down to this: Would you rather have a human or a computer run your money?
Last year, many investors voted for the computer, pulling money from "active" money managers who tried to pick individual stocks but failed to beat the market.
Instead, investors piled money into "passive" funds that follow a benchmark, such as the S&P 500 index. Or they used "robo-advisers" - strict computer investing models or exchange-traded funds that track a specific group of shares.
Regards,
Ted
http://www.philly.com/philly/business/20160221_For_investors__it_s_stock_pickers_vs__computers.html
