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Introducing our new portfolio review service for professionals
The vast majority of pensions funds, charities, endowments and other institutional portfolios have underperformed the market for decades. The way to stop the rot is to have an independent portfolio review, reduce fees and complexity, and increase diversification. From today, that’s precisely what TEBI is offering. As anyone who’s read The...
Do investors allocate optimally to ETFs?
The tax benefits, along with their low costs, has led to the dramatic growth of exchange-traded fund (ETF) assets. Assets under management (AUM) have increased more than tenfold, now totalling more than 5,000 ETFs and $4.5 trillion. With so many choices, it...
Bernstein: Free trading is like giving chainsaws to toddlers
Robin writes: William Bernstein is one of the most intelligent and widely read people I’ve met. He’s also a brilliant writer; The Four Pillars of Investing is surely one of the best investment books ever written. So I was excited to...
There’s more to life than trading stocks
What’s the right level for the stock market? Does the recent revival in energy companies and banks have legs? What does the prospect of higher taxes mean for equities generally? All good questions, of course, but where do you start with this...
Do we become better investors as we age?
Do older investors earn higher returns than younger investors? Intuitively, you may have thought so, given their greater experience and wisdom. But, as LARRY SWEDROE explains, the academic evidence suggests otherwise. [Investors shouldn’t delude themselves about beating the market.] They’re just...
Latest figures offer little comfort for Canada’s stockpickers
Beating the index over meaningful timeframes — over, say, 20, 25 or 30 years — is extremely challenging. Only a very small proportion of actively managed funds succeed in doing it on a cost- and risk- adjusted basis. Not only that, most...
Fintech is booming — but can Britain keep up?
While the global pandemic has severely disrupted many industries — such as airlines, hotels and restaurants — it has also unleashed forces that have supercharged other sectors. Financial technology, or fintech, is one of them. After an initial lull in the first...