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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...
Bob Seawright: behavioural finance is as much a part of EBI as indexing
If you want to come to Evidence-Based Investing West, the clock’s ticking. The event is just eight weeks away. One of the speakers you’ll be missing if you decide against it is Bob Seawright. When, in September 2014, The Wall Street Journal published...
The active management conspiracy: fact or fiction?
I’ve been writing about active management’s shortcomings for so long now that it’s sometimes hard not to feel cynical about it, not to mention a little angry. After all, around the world, there are thousands of people retiring every day with pension...
#SFTW: Canadians love their banks — but they shouldn’t
SOMETHING FOR THE WEEKEND What is it with Canadians? Americans get it. They noticed long before anyone the gap between what active fund management appears to promise and what it actually delivers. OK, it’s taken a while for the message to get...
Canadians love their banks
Canadians love. What is it with Canadians? Americans get it. They noticed long before anyone the gap between what active fund management appears to promise and what it actually delivers. OK, it’s taken a while for the message to get around but, in...
Predictions vs probabilities
What a year it’s been. Revolution in the investing industry, Trump, the Brexit negotiations and now — how can we possibly afford the time? — a pending general election! No wonder my reading list has been been building up of late. One article I...
Active less risky than passive? Yeah, right
It was Barry Ritholtz who coined the phrase “the daily firehose of bullshit” to describe the output of the asset management spin machine. And, goodness me, we’re being well and truly blasted with the brown stuff at the moment. A good example is...
