…that the flow into funds is lower if they demonstrate decreasing “returns to scale” which indicates that investors are paying attention to this metric. The study authors conclude, “Decreasing returns…
Search Results for: low-volatility funds
Common Ownership Among Investors Could Make Economy Less Competitive
…to a more monopolistic environment which in turn results in “higher prices and lower productivity, and it also probably contributes to income inequality.” This, along with the hypothesis posed by…
Where Have the Value Stocks Gone?
…at the market through various valuation metrics. Since 2005, Validea has been tracking the valuations of stocks using multiple metrics – the Price-to-Earnings ratio, Price-to-Sales, Price-to-Book and Price-to-Cash Flow. Our…
Max Drawdown a Good Indicator of Fund Volatility
When evaluating an equity fund’s volatility, more attention should be paid to “max drawdown”—the maximum decline a fund has experienced from peak to trough over a given period—than to standard…
Politics Shouldn't Impact Investing Decisions
“In a period of otherwise extended market calm, ” says a New York Times article published in May, “geopolitics have been driving periodic bouts of volatility.” Citing such events as…
Smart Beta Investing May Not Be So Smart
A new study has raised questions as to whether smart beta mutual funds, which are on course to reach $1 trillion in assets by the end of 2017, are as…
Stocks that Could Appeal to the Value Investor
…its price-earnings and price-book ratios. View full Guru Analysis. Kelly Services (KELYA), a staffing company, scores well based on its low price-sales ratio. View full Guru Analysis. DSW Inc. (DSW)…
Singapore's Sovereign Wealth Fund Warns Investors About Looming Market Risks
…this month. One of those gauges, the VIX, is reported to have recently hit the lowest level since 1993, even lower than those seen in 2007. GIC’s chief executive officer…
Veteran Fund Manager Advocates Tire-Kicking
In the face of growing competition from exchange-traded funds, investors who want to demonstrate their value would do well to take a more hands-on approach to analyzing companies. This according…
Hedge Funds Weigh-In on Human Versus Machine Debate
…that the firms may need fewer employees to perform tasks, it’s also that the firms will be competing against low-cost rivals. “Hedge fund managers, for example,” it says, “traditionally charge…