…years). But the bigger challenge Vinik faces, the article notes, comes from the many new investing alternatives available—namely, the plethora of low-cost index funds. “The difficulty for stock pickers,” the…
Search Results for: low-volatility funds
How ETFs Work – And Why All Investors are the Beneficiaries
…Funds vs. ETFs When mutual funds sell holdings that have appreciated, whether it be because they have to due to investor redemptions or because they want to as part of…
A $3 Trillion Tsunami Looms
…stock market. The article cites comments from industry veteran and Heartland Advisors chief executive Will Nasgovitz: “with interest rates low, the economy strong, and relatively easy lending standards, the thinking…
A Hedge Fund Performs by Staying Small
…larger funds are not able to research and invest in smaller companies, but that Plethora is able to “allocate money very specifically” without having to invest in a “limited number…
Lessons from a Quantitative Investing Conference – Part Deux
…major factors? The data was inconclusive for value but in other cases, there were some interesting findings. For low volatility stocks, the data showed that hedge funds are on the…
Cost of Smart Beta Leads to Distorted Investor Expectations
…in the U.S. stock market are analyzed, the same trends are reflected: “Investors should adjust their expectations of low-volatility smart beta ETFs,” the article concludes, adding, “Given low betas, such…
Investor Options When Star Manager Leaves
…For one, a new stockpicker may not execute the fund’s strategy as effectively.” Of more immediate concern, it says, is that fund outflows can increase when the star manager leaves,…
Joel Greenblatt on the Future of Value Investing
…of emotion and volatility in the sort-term.” That said, he argued, “if you can keep your cool, there are lots of opportunities out there.” Greenblatt explained that he defines value…
Investors Back Away from Tobacco Stocks
European pension funds and insurers have started divesting tobacco holdings as a push toward socially responsible investing has led to a downturn in performance. This according to an article in…
The Balance Between Simple and Complex in Investing
…all the detail here. But in general I think the evidence supports the conclusion that you can improve the returns of a value strategy by eliminating low quality stocks. With…