…a drop in share prices stemming from low volatility and the growth in passive investing. It reiterates the importance of evaluating ongoing demand for the underlying product, adding that while…
Search Results for: low-volatility funds
Bill Ackman Pursuing Quiet Recovery
After a pair of “disastrous” bets on drug company Valeant and supplement company Herbalife, once “omnipresent rabble-rouser” shareholder activist William Ackman is getting back to basics and a more low-profile…
The $358 Billion Public Pension Giant and its Investing Dilemma
…from Preston McSwain of Fiduciary Wealth Partners: “For society’s sake, we hope returns on private equity will be good for these pension funds.” But Calpers’ chief investment officer Ben Meng…
The Mechanics of Value Investing
…vast majority of assets are intangible and not included in Price/Book, this ratio may not be very applicable. The most popular metrics outside of Price/Book are Price/Earnings, Price/Sales, Price/Cash Flow…
Bill Gross Says Odds of Outperformance Have Plunged
…were,” Gross told Bloomberg in a recent interview. He attributes this in part to lower yields and “razor thin” spreads between maturities. And central banks, he added, have “changed the…
One Fund's Long Time Frame is Paying Off
The Akre Focus Fund takes the buy-and-hold strategy seriously, according to an article in The Wall Street Journal. John Neff, one of the $9.8 billion fund’s portfolio managers, explains that…
Five Questions: An Academic Look at Factors with Lu Zhang
…and risk. It measures the risk of any stock using beta as its only risk factor. Beta is a function of both a stock’s volatility and its covariance with the…
Fund Fees, Already Driven to Zero, May Have Farther to Fall
….29 percent. Representatives of larger funds including BlackRock, Fidelity, Schwab and Vanguard told The Times that, while none are planning to offer negative-fee funds right now, it isn’t something they…
Expanding the Opportunity Set with Shareholder Yield
…Multi-Factor Investor Pim van Vliet High Returns from Low Risk: A Remarkable Stock Market Paradox This multi-factor model seeks low volatility stocks that also have strong momentum and high net…
Five Questions: A Wealth Manager’s View of Factors with Michael Batnick
…in factor investing can lead to bad decision making and underperformance relative to index funds if investors aren’t able to stay the course during them. For this week’s interview, we…