…(data from KB Securities Co.). According to the article, “the fund’s success underscores how investors are parking their money in ever-more obscure alternative investments such a film-financing funds in the…
Search Results for: low-volatility funds
Excess Returns, Ep. 12: The Pros and Cons of Trend Following
…has a long-term track record of both limiting major losses and reducing volatility. But like anything in investing, it comes with some trade offs. In this episode, we discuss why…
The Often-Misunderstood Yale Model
…commitments to venture capital, private equity, hedge funds, and international investments.” And while Swensen’s book, Pioneering Portfolio Management, is a good resource for understanding the more quantitative aspects of the…
The Mormon Church and Its $100 Billion Secret
…funds such as Bridgewater Associates. Roger Clarke, the head of Ensign Peak, claims that the holdings represent “rainy-day” funds to be used in tough financial times, explaining that the money…
Value Investors, Don’t Expect a “Massive” Comeback
…expect.” He notes that a “massive” rebound would require a significant boost in interest rates since, in his view, low rates, economic growth and inflation have contributed to value’s underperformance….
Chuck Royce: Small Stocks Poised for Rebound
…Royce prefers to focus on return-on-assets, cash flow and cash flow yield. “We are looking for growing companies that can compound at a reasonable number,” says Royce, adding, “quality is…
Ken French: We Can’t Tell if Value Premium Has Disappeared
…value premiums were on average much lower in the second half of the period. Still, French explained, even nearly three decades of data on falling returns isn’t enough to conclude…
Is Vanguard Getting Too Big for America’s Britches?
…still lowering your costs to improve your returns.” But this evolution will lead Vanguard to a position of competition with its own client base, the article notes, and plans to…
Some Thoughts on the Struggles of Factor Investing in the Past Decade
…but quality, trend and even momentum all trailed a simple approach of buying big and expensive stocks. Low volatility was the one significant bright spot as it not only delivered…
Active Fund Performed “So-So” in 2019
…bond funds beat the market (net of fees) with muni-bond funds showing the highest success rate. The article summarizes its findings: “Active funds generated strong absolute returns for investors, but…