Featured post
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...
Private equity laid bare
It is, apparently, a good time to be managing a private equity fund. According to the alternative assets data provider Preqin, it currently takes PE firms 11 months on average to raising a fund, compared with the 19 months it took them in...
Funds recommended by investment consultants fail to outperform net of costs — CMA
More evidence has emerged today to confirm what The Evidence-Based Investor has been saying for some time — namely that investment consultants extract value from the investment process rather than adding it. The Competition and Markets Authority — a non-ministerial department of the UK Government...
Vanguard’s domination of investing is far from guaranteed
I love Vanguard. No company has done more to drive down costs for investors. The inflows it’s seen in recent years, particularly in the US, are truly remarkable. But will Vanguard go on, as many commentators predict, to dominate the global asset management...
Charles Payne: My 10-point plan for reforming active management
We ran an interview last month with Charles Payne. Charles has worked in the UK fund management industry since the early 1980s. Over the years, it’s fair to say, he became quite disillusioned with active management. Last year a left a very senior,...
Victor Haghani: Sensible investing in a nutshell
Victor Haghani is a most unlikely convert to index funds. Born in New York and educated at London School of Economics, he followed his Iranian father into trading securities. He was an arbitrageur at Salomon Brothers, and then at the hedge fund company,...
Introducing RockWealth — the shape of advice firms to come
I’ve been tussling with a difficult issue for a while now. Do I continue as a wholly impartial blogger, totally unconnected to any financial business? Or do I work with carefully selected businesses that share my goal of improving investor outcomes? It hasn’t...
