News, views and analysis

Featured post

Vanguard vs Dimensional: Who has delivered higher returns?

  Vanguard and Dimensional Fund Advisors are both good fund managers — albeit with two very different methodologies. Investors should be able to achieve good outcomes with either one or the other, or a combination of the two. But which of them, Vanguard or Dimensional, delivers higher returns, on a cost- and risk-adjusted basis,...

Read more...

Explaining decreasing returns to scale in active management

  By LARRY SWEDROE   One of the problems for those who believe active management is the winning strategy is that there’s an overwhelming body of evidence demonstrating that the past performance of active managers isn’t prologue. Without the ability to rely on...

Read more...

Steer clear of investment fads

It’s easily overlooked, but the financial services industry is just that, an industry. Like any business, it survives by selling products and services. Some of these meet genuine needs. Many, though, owe more to marketing and emotion than to substance. At base, investment...

Read more...

A new way of looking at indexing

  By CRAIG LAZARRA   A wise man told me years ago that sometimes the things we see are less important than our way of seeing.  As more formerly-active investors begin to use passive vehicles, it’s useful to consider if there’s a distinctly...

Read more...

Don’t be guided by economic forecasts

  By MANEESH SHANBHAG   The financial industry believes part of giving advice is providing market outlooks and each calendar quarter-end is prime time for prognostications. Just Google the name of any big bank and “market outlook” and you’ll be able to see...

Read more...

How Morningstar ratings are changing

  By JEFFREY PTAK   The Morningstar Analyst Rating for Funds is a forward-looking, qualitative rating that Morningstar’s manager-research analysts assign based on their assessment of a fund’s investment merits. We recently enhanced the methodology that underpins the Analyst Rating to make the...

Read more...

Time to face up to your money mistakes

  By JASON BUTLER   In late 2015 I bought an empty house in a rural part of Suffolk, which needed totally refurbishing. I was undecided whether to resell it after finishing the works or to rent it out. The work took me...

Read more...

How can tebi help you?