…interview. Arnott was a pioneer in developing indexing strategies that weight portfolio holdings according to valuation measures rather than market capitalization (a strategy typically used by passive index funds) and…
Search Results for: low-volatility funds
ETFs Have Become Portfolio Mainstay
…buffer the equity market from the futures market. These funds accomplish the same goal as mutual funds, says Reese, but at a lower cost and lower minimum investment thresholds. They…
Rob Arnott Questions Use of the Smart Beta Strategies He Pioneered
…“built tools that he says will help investors determine which strategies are overpriced.” In the paper, titled “How Can ‘Smart Bet’ Go Horribly Wrong?” Arnott singles out low-volatility funds, saying…
Equity Investors Should Look to Europe
…and underweight North America in its global funds, but he sees economic growth and some upside for the U.S. if President Trump “can deliver some tax cuts, some infrastructure investments,…
Value Indexing: Don’t Chase Performance
…you have a maximum weighting for underperforming securities, resulting in a drag on returns. So, Research Affiliates found that by swapping in some different metrics such as low cost, low…
The Math of Stock Picking Works Against Active Managers
…if you reach into the bag and pull out two chips over and over?” The argument is that most mutual funds work this way, the problem being that the majority…
Jeremy Grantham on the Next Big Investment Drivers
…a bubble,” we are “climbing the wall of worry.” He believes that valuations have risen, but not to the point of euphoria, due to low rates, low inflation and high…
How to Avoid Being "Skewed" in the Stock Market
…pulling money out of actively managed funds in droves due in large part to hefty fees, Reese argues that index funds also present factors that investors need to consider. Most…
Hulbert Says War Doesn't Scare the Stock Market
…he refers to as protracted operation largely conducted in “secret,” his findings would not apply. Hulbert attributes the rallies to a “marked reduction in market volatility, which is one measure…
Paul Tudor Jones Issues Warning for Fed
The billionaire investor says that “years of low interest rates have bloated stock valuations to a level not seen since 2000,” and the fact that the current market cap-to-GDP ratio…