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Recent history has been humbling for nearly every corner of portfolio management. There are exceptions, of course. Several managed futures ETFs, for example, have been relatively stable in the recent...
For the casual observer, the stock market’s rapid slide looks like madness. It was, after all, only last week that the S&P 500 closed at a record high. Six trading days later, the market had...
A Forbes columnist last week warned that asset allocation is falling on hard times. Rob Isbitts, founder and chief investment officer of Sungarden Investment Research, writes that “if you...
In a series of recent articles I reviewed how style analysis can be used to replicate investment strategies and indexes using only historical returns (see here, here, and here). That’s a...
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