…have a negative impact on stock market returns, but with yields being so low for so long, it’s certainly possible this could cause a psychological shift in investor sentiment, especially…
Search Results for: low-volatility funds
Private Equity Performance Numbers May Undermine Credibility
…fund cash flows but the increased use of bridge financing by firms (borrowing money to make investments instead of immediately using investor cash) is “flattering the IRR figures some funds…
The Nine-Year-Old Bull Still Has Momentum
…showing that approximately 26% of participants think the stock market will rise over the next six months, below the long-term average of 39% and below the 75% they hit in…
Trend-Following CTAs Suffer Performance Declines
…past few years, slow-moving (less reactive) CTAs have done better than “quick” ones. “You’re trading a lot and getting whipsawed,” he says, “whereas a slow-moving approach might just ride through…
Most Read Posts on Validea’s Guru Investor
Below are links to our most popular posts for this week on Validea’s Guru Investor blog. [1] Why Artificial Intelligence Won’t Fundamentally Change Investing [2] Become an Equity Compounder à…
Morningstar: Can Active Stock Funds Insulate Investors from Market Downturns?
…following caveats: There were “far more up periods than down periods during the 20-year span we examined.” “Repeat” rates were generally lower among active U.S. equity funds that succeeded in…
Morningstar Incorporates Artificial Intelligence into New Ratings
Earlier this month, Morningstar introduced new quantitative ratings that will cover more than 10,000 funds and ETFs. The system will use both machine learning and artificial intelligence to “learn from…
Become an Equity Compounder à la Buffett
…that possess “strong franchise durability, high cash flow generation, low capital intensity, and minimal financial leverage”– have generated “superior risk-adjusted returns across the economic cycle.” The paper goes on to…
Cliff Asness Hedges Regarding Hedge Funds
In a recent Bloomberg article, AQR’s Cliff Asness argues that the opinion pendulum on hedge funds has swung too far, that “all you read about today is that hedge funds…
Buying Stocks with Debt Leads to Market Vulnerability
…it could lead to more market volatility. This according to an article in The Wall Street Journal. The article cites FINRA data showing that retail and institutional investors have borrowed…