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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...
Why is your adviser tweeting about QE and interest rates?
There’s been a big increase in the last two years in the number of financial advisers on social media. A recent survey showed that 81% of advisers now use social networks for business, and 79% of firms reported gaining assets from social...
New funds are designed to sell, not to make you prosper
There’s a Wall Street proverb which perhaps sums up the fund industry better than any other, and it goes, “When the ducks quack, feed them.” Funds. It was particularly popular during the dotcom boom of the late 1990s. Tech was all the...
EBI & SRI — What if you want both?
There are two exciting developments in investing at the moment. One is the rising popularity of the evidence-based approach; the other is the growth of socially responsible investing, or SRI. But what about those of us who want both? What if you’d...
It’s time to tell the closet indexers, see you in court
Imagine paying for full board in a top hotel, but when you arrive you discover you’re staying in a self-catering apartment. Or discovering that the chicken you’ve been putting in your sandwiches all these years is, in fact, reformed chicken, with added...
#SFTW: Why pay active managers for factor tilts?
SOMETHING FOR THE WEEKEND Factor tilts. You can’t blame fund managers for taking the credit for outperformance. After all, as only around 1% of them beat the market with any degree of regularity, they rarely have the opportunity. It’s natural, too, that most...
Just because it looks like skill doesn’t mean it is
You can’t blame fund managers for taking the credit for outperformance. After all, as only around 1% of them beat the market with any degree of regularity, they rarely have the opportunity. It’s natural, too, that most financial advisers ascribe strong returns...
