Investing Successfully Is Really Hard

The newest SPIVA Scorecard from S&P with respect to actively managed U.S. funds shows that over the 15-year period ending December 2016, 92.15% of large-cap, 95.4% of mid-cap and 93.21% of small-cap managers trailed their respective benchmarks. Markets in every sector, every asset class and every geographical location provide similar results. Institutional managers fare no better.… Please follow and like us:

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The Rise Of Passive And Indexed-Based Investing, And Its Effect On Market And Liquidity Risk

The most profound developments in the investment markets in the last 20 years have been the growth of indexed-based investing and the move to passive fund management. Though the assets of mutual funds have increased three-fold in the last 17 years, the assets of exchange traded funds (ETFs), funds that are typically indexed, have grown 130-fold.… Please follow and like us:

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