…lows owe to the rapid recovery from that bottom and the long rally since then.” The overall percentage of active funds that outperformed their benchmarks rose from 36.6 percent to…
Search Results for: low-volatility funds
Which Generates More Alpha, Mutual Funds or ETFs?
…investors with low minimum investment threshold), and its analysis showed that the top performers were technology products. “As a class,” the article says, “tech portfolios—even passively managed funds—have outperformed the…
Low-Volatility Stocks May Have a Dark Side
…several decades made a low-volatility strategy a good risk-reduction play, it also served as a major component in the low-volatility strategy performance—and the current rising rate climate in the U.S….
Corporate Debt and the Next Recession
…113 percent, a level “lower than the average of 163 percent since 1990, and half as much as during the past two market peaks in 1999 and 2007.” Smith: “I’m…
The Quest to Quantify Investing's Culture
…poor culture, because frankly it’s easy for managers to make money. In the last couple of years with more volatility, we’ve seen that managers’ cultures can make all the difference.”…
Active Bond Managers are Beating the Market
When it comes to bond funds, says a recent article in The Wall Street Journal, “bargain shopping may not be the best idea.” Higher-priced portfolios assembled by active money managers,…
Learning from the Hierarchy of Investor Needs
By Justin J. Carbonneau (@jjcarbonneau) — The original “hierarchy of needs” model was developed by Abraham Maslow in 1943. Maslow proposed the hierarchy as a way to understand human motivation…
Quants Searching for Alpha in Exotic Corners of Market
…because they tend to rely on similar models.” As volatility returned to the market this year, the article reports, traditional trend-following funds have increasingly struggled, motivating some investors to switch…
Jeremy Siegel Says Stock Market Slips are not Cause for Panic
…said that the Fed and economists alike have been surprised by how low unemployment rates have fallen “without sparking significant wage increases.” Volatility has increased, according to Seigel, because “when…
Biology Key to Surviving Adaptive Markets, Says Lo
…tradeoffs don’t necessarily apply over shorter time frames (he provided examples from the 1930s, 1950s and 1970s when high volatility accompanied low average returns). By identifying these tendencies, Lo believes…