Need to Know: Give part of your portfolio over to active management, says Rasco
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A $3-trillion tsunami is about to flood the stock market, warns fund managerWill Nasgovitz, who oversees $1.3 billion in assets as the chief executive of Heartland Advisors, isn’t calling for a “full blown financial crisis,” but, with trillions in corporate debt coming due in the coming years, the industry veteran’s not exactly predicting smooth sailing in the stock market, either.
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