Does Your Fund Manager Have “Skin in the Game”?

A surprising number of mutual fund managers do not invest a single dollar in the funds they manage.  Nate & Jason explain how this lack of “skin in the game” can impact performance.  Also, Northern Trust’s Marie Dzanis offers her perspective on “smart beta” and spotlights two recently launched FlexShares ETFs tilted towards companies scoring high in environmental, social, and governance (ESG) factors.