…ratio of 24.6, it says, “super-charged earnings growth” will be necessary. If mediocre returns are expected, it would signal a widespread belief that “U.S. stocks are now a slow-growth, low-risk,…
Search Results for: low-volatility funds
Asness versus Arnott: The Factor Timing Debate Continues
…in Institutional Investor. Asness’ issue, the article says, is with Arnott’s contention that risk premia factors such as value, momentum, growth and volatility have become “overvalued as a result of…
Simple is Smart in Smart-Beta Investing
…This according to a recent article in the Financial Times. The factors studied and respective finds are as follows: Low-risk: the highest returns “come from avoiding the riskiest stocks, rather…
Greenblatt Blends Active and Passive Strategies in New Fund
…for example, generates “lots of cash flow, and we don’t have to pay a big price for it.” Greenblatt doesn’t envision a change in investor behavior due to stretched valuations…
Interest Rate Sensitivity and Low-Vol Investing
…to gauge the degree of interest rate-sensitivity in the various groups by evaluating performance of certain low-volatility indices. His findings show that both tended to “underperform the market (represented by…
Buffett Poised to Win Million Dollar Bet with Protégé
In 2007, Protégé Partners executive Ted Seides wagered a bet that hedge funds (heavily criticized by Buffett) would outperform index funds in the following decade, according to an article in…
Tepper Likes the Market's Economic Backdrop
…other hand, he argued, the new administration’s stance on immigration is “dangerous.” Regarding interest rates, Tepper asserted in the interview that the Fed is “way low where they should be,”…
Bill Gross Warns Investors to Preserve Capital
…much that the cost of capital becomes prohibitive but enough to bolster returns for savers, pension funds and insurance companies. Gross also cautions investors, according to the article, against relying…
New Harvard's Endowment Manager Shakes Things Up
…chilling end since, with average gains over the last ten years falling to the second-lowest in the Ivy League. This according to a recent article in The Wall Street Journal….
Ariel's John Rogers Defends Active Management
…thing. There is a moat around the business.” In Rogers’ opinion, it makes sense for large-cap investors to rely on index funds but to use active managers in the smaller-cap…