A new study co-authored by Yale School of Management finance professor James Choi has found that there is no longer a correlation between a mutual fund’s past and future performance.…
Tag: Mutual Fund Performance
Want Consistent Market Outperformance? You May Want to Think Again
By Justin J. Carbonneau (@jjcarbonneau) — We run over 40 quantitative models at Validea. They run the gamut of investing styles. Any time we can find a model from a…
Sometimes Investing Success Means Riding Rough Road
Hedge fund manager and author Joel Greenblatt says that the majority of top mutual fund managers spent at least three years lagging well behind others, says a CNBC article by…
When Choosing Fund Managers, Maybe Less is More
It may pay to go for mediocre rather than stellar when selecting fund managers, according to last week’s post in Enterprising Investor by Joachim Klement, CFA. While studies have shown…
Does a Manager's Track Record Matter?
While it may be logical to assume that a more experienced fund manager would have a better performance record, it isn’t necessarily so. This according to a recent study from…