…the article points out that some of these may not be appropriate for individual investors, “it’s worth considering alternative vehicles—like closed-end funds, for example—that have more attractive risk/return profiles.” …
Search Results for: low-volatility funds
The Active Versus Passive Debate is Not Binary
…and historically better performance of passive funds. According to Morningstar, passive funds attracted inflows of $428.7 billion over 2016, while actively managed funds saw outflows of $285.2 billion, a trend…
Where have all the Star Stock Pickers Gone?
…late 90s, the Fidelity Magellan fund was the largest mutual fund in existence. Run for years by the legendary Peter Lynch—during which time the fund’s return doubled that of the…
The Biggest Failure of the Investment Management Industry
…have led to substantially increased investment in index funds and other low-cost products, which is certainly a good thing. In 1996, the average equity mutual fund in the U.S. charged…
Peter Lynch Protégé Says "Stocks are Fine Today"
…that may have legs for many, many years.” On index funds, Vinik argues, “For the average investor, a diversified portfolio of index funds is a good way to go.” …
Ackman Efforts to Boost Pershing Share Price May Not Work
…money clients gave him to invest and wagering it on himself.” But the article suggests that the move “could be another blunder among hedge funds fumbling for fresh ideas,” adding…
Can Behavioral Economics Be a Channel to Profits?
…to psychological phenomena to try and explain it.” It cites examples of funds that attempt to “capitalize on the behavioral biases of investors,” such as those funds overseen by behavioral…
Lessons Learned from 1929 Crash Predictions
…“made discoveries that anticipated many of the ideas behind hedge funds and so-called smart beta, or mechanical strategies to earn excess returns, that are so popular today.” At the end…
For Hedge Funds, Being Like Buffett Isn't Easy
…as they could muster. Ambitious buyout firms bet that by raising long-duration funds, they would finally have the patient capital to do those eye-watering megadeals they’d been coveting.” Some of…
Bloomberg's Kaissar Weighs-In on Morningstar Fund Ratings
…that highly rated funds are modestly more likely to outperform than lower rated funds. But the results are not significant in many cases, which means they may just be the…