John Montgomery , founder and chief investment officer of Bridgeway Capital Management, on the advantages and traps of quant, what makes momentum work, and more.
Can a computer pick stocks better than your active manager?
Fairholme takes a big stake in Fannie and Freddie preferreds, a manager of a Bronze-rated Oppenheimer fund departs, Templeton Frontier Markets closes to new investors, a slew of manager changes at Bridgeway, and some high-profile Janus fund managers resurface at a hedge fund.
Proponents say that education and openness are keys to keeping clients believing in system.
Quant funds do what Billy Beane does, but neither one is a lock.
Plus, Matthews creates a fund for China's upstarts, Nuveen closes two popular funds
These high-conviction wide-moat offerings will hold you in good stead through tough times.
Can momentum play nice with other strategies?
These funds are largely in recovery mode.
Closures follow the shuttering of a number of other small-cap funds in recent weeks and coincide with more than two years of strong performance.