Brad,
Thanks for visiting our blog! We'll share insights on benchmarking from some of the leading practitioners in the fourth piece of this series.
And your question on why people invest in under-performing products is fascinating. It ties into some of the fundamental questions we face as an industry, such as what value does the investment management industry as a whole add? We'll be sharing more of our thinking on the subject in the future and looking forward to your continued engagement as well.
Warm regards,
Larry