The Evidence-Based Investor

No sales agenda. No marketing spin. Just the evidence.

Perspective on the market wobble

Posted by Robin Powell on October 12, 2018

You may have noticed that global stock markets are having a bit of a wobble. Unless you’ve been sitting on the sidelines, waiting for markets to fall, these episodes are never very much fun. Even those with an evidence-based approach can benefit from a little perspective. Dimensional Fund Advisors have just released a video, presented […]

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Henry Tapper on the conflicts of interest in advising and training trustees

Posted by Robin Powell on October 9, 2018

One of the most exciting things about helping to campaign for greater transparency in UK asset management over the past few years has been the chance to be part of a community of highly motivated and principled people. The likes of Chris Sier, Andy Agathangelou, Con Keating and Gina Miller have devoted huge amounts of […]

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Manager risk and the impossible art of fund selection

Posted by Robin Powell on October 8, 2018

One of the main advantages of indexing is that it eliminates, at a stroke, one of the biggest risks that active investors face, namely manager risk. We’ve explained many times how the odds of beating the market through active fund selection are heavily stacked against you. To quote David Blake from the Pensions Institute in […]

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Should you be sued for recommending high-fee funds?

Posted by Robin Powell on October 4, 2018

The evidence that active fund management is a loser’s game has been around for more than 40 years and is incontrovertible. So, should advisers, consultants and other financial professionals who recommend actively managed funds with particularly high fees be sued? Different countries, of course, have different laws and regulations. There are also countries where low-cost […]

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