A recent article in Morningstar highlights the debate surrounding what it describes as the “general-public version” of hedge fund—replication funds. Ten years ago, the article explained, hedge funds were “the…
Day: September 23, 2019
Passive Have Surpassed Active Funds
In August, assets in U.S. index-based equity funds and ETFs topped those in active stock funds for the first time. This according to an article in Bloomberg. “Stock picking isn’t…
The Revival of Value Stocks Could Be the 'Real Deal'
Some signs are pointing to a value-stock rotation, according to a recent article in Barron’s that says, “value stocks are acting like a tightly wound spring that has started to…
Profile: David Swensen and How He Made Yale Rich
A recent article in Bloomberg profiles David Swensen, who has overseen the Yale University endowment for 34 years and has become something of a legend—as well as the school’s highest-paid…