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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...
See you in California!
The inaugural Evidence-Based Investing Conference in New York City in November was such a blast that we’re doing it all again — in California! The good news is that this event is going to be bigger and better. For a start, it’s being...
Podcast Episode 12: Vanguard sets its sights on Europe
Everyone knows by now how phenomenally successful Vanguard has been in the US in the last few years. But it’s not doing badly elsewhere in the world either. For the latest TEBI Podcast, I’ve been interviewing Dr Peter Westaway, Chief Economist and...
How funds use IPOs to inflate performance
As every TEBI reader knows, plain and boring, fuddy-duddy index funds are by far and away the best investment vehicles for long-term investors to use. But whether it’s cars, tech, fashion or investing, most of us prefer products that are shiny and...
Face facts — self-regulation of UK asset management has failed
With the final report of the Financial Conduct Authority on its study into competition in UK asset management due before the end of June, speculation is mounting as to its likely contents. I hear the fund industry has been lobbying hard to...
New Morningstar data adds to active management’s woes
Woes. I’m often quoting data from SPIVA, the active management scorecard produced by S&P Dow Jones Indices. But there is an alternative record of fund performance, namely the Morningstar Active/ Passive Barometer. Each has its advantages and disadvantages. For example, SPIVA covers the...
#SFTW: The serious journalism investors have been crying out for
SOMETHING FOR THE WEEKEND Investors. For readers outside this sceptred isle, the big financial story here in the UK this week, aside from the Budget, has been the merger of two of our biggest asset managers, Standard Life and Aberdeen. Investors. No one...
