Barron’s reports on mid-cap fund managers Neil Hennessy and Brian Peery, who manage Hennessy Cornerstone Mid-Cap 30. Peery says, “A lot of financial advisors don’t allocate in the mid-cap space,…
Hulbert Says Rise in the Dow Transportation Average May Be Bullish Omen
Mark Hulbert writes for MarketWatch that the Dow Transportation Average is “one of the most bullish sub-surface developments in the stock market” right now, having risen 4.4% in February as…
An Argument for a 100% Equity Portfolio
David Levine, formally in charge of fixed income for Sanford C. Bernstein & Company, writes in the New York Times that “the best asset allocation, nearly all the time, is…
The Risk of Investing in "Smart Beta" Funds
Writing in the Wall Street Journal, Jason Zweig cautions readers against blindly investing in popular “smart beta” funds. He notes that a recent Research Affiliates study suggests “their low risk…
Historical Data Suggests Value Strategies Set Up for Big Time Comeback
John Alberg and Michael Seckler of Euclidean Technologies Management write in Advisor Perspectives that “now is a very attractive time to invest in value strategies.” They note the extensive evidence that…
Sharp Decline in Fidelity OTC Fund; Manager Staying Disciplined and Sticking to Plan
Financial Advisor (FA) reports that Fidelity’s Over the Counter (OTC) Portfolio “is taking a beating . . . that is nearly unrivaled in the U.S. mutual fund industry.” After finishing…
Making Friends With Bear Markets
If you are trying to avoid the next bear market, Validea CEO John P. Reese has some advice: Stop trying to avoid the next bear market. In a piece for…
The Battle of Stocks vs. Bonds in 21st Century – Fixed Income Winning, So Far
Writing for the Wall Street Journal, Allen S. Roth of Wealth Logic questions the continuing validity of Prof. Jeremey Siegel’s contention that stocks are less risky than bonds over time.…
Study: Well-To-Do Are More Superior Investors
Stony Brook University finance professor Noah Smith writes for BloombergView that recent research suggest “the rich [may] get richer because they know how to invest their money more effectively.” Citing…
“Portfolio Drag” as the True Cause of Underperformance
Professor C. Thomas Howard of University of Denver (also CEO of AthenaInvest) reports in Advisor Perspectives that his research shows underperformance among actively managed equity funds is caused primarily by…