How is active management like an episode of Battlebots? Facing highly skilled competitors, outperformance may only be a dream.
High costs, subpar performance, and increased regulations have taken their toll on active management. But is it dead? Vanguard Chairman and CEO Bill McNabb discusses the future of active management.
Should you invest it all now, or in small amounts over time? Andy Clarke shows that dollar-cost averaging isn’t always the best strategy.
Patience, patience, patience. For those of us building portfolios, it’s critical we understand the behavioral challenges inherent in active investing if our clients are to reap the potential rewards.
The financial services industry may have become less efficient in the last 40 years, but the index fund, one of the most efficient innovations of the 20th century, is changing that.
We shouldn’t invest internationally to capture short-term outperformance. Rather our aim should be a reduction in volatility without a discount in long-term return.
Some of our competitors have declared that only costs matter when selecting an index fund. However, the human element will always matter.