Consider the following two asset managers:

Manager A is able to generate an average of $12\%$ APR with a low variance $($i$.$e$.,$ returns in all years are around $12\%).$

Manager B is able to generate an average of $20\%$ APR with a relatively high variance $($i$.$e$.,$ returns often fluctuate in a wide range$).$

What would you say about these two managers?$$

Group of answer choices

Manager A is better because of stable performance

Manager B is better because of higher investment performance

Need more information to do fair comparison