But he nabs the wrong villain.
Active managers’ biggest problem is not performance, but rather in investor expectations.
Value investing, emerging markets, and preferred stocks.
Small changes, big improvements.
Rob Arnott and Cliff Asness agree on many fronts, but they have different views on how carefully you should consider valuation when deciding to invest in a factor strategy.
Indexing, automated advice, and the new fiduciary standards.
Asset allocation gets the spotlight, but contribution rates count for more, and perhaps costs, too.
Investor returns reveal why sometimes investors are their own worst enemy.
The "future of the fund industry" wasn't.
The dispersion can be rationally explained. Plus, a look at two lawsuits making waves this week.