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One of the main reasons managed investment solutions are so popular is: They have been around a long time so investors are used to them

One of the main reasons managed investment solutions are so popular is: 


They have been around a long time so investors are used to them and fully understand them. 


The fiduciary standard requires that the funds be managed by the money manager as if it were his/her own. It is hard to say; everyone has their own reason for liking managed investment solutions. 


They are readily available throughout the financial services industry.

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