As more investors flock to the hottest alternative asset class, the more its alpha will shrink toward negative territory as expenses overwhelm the returns, warns financial specialist Bill Bernstein.
Fidelity fund manager Bill Kennedy is seeing stock-picking opportunities amid better investment prospects in Europe, improving consumption in Japan, and cheap P/Es in Korea.
The next 12 to 18 months will be slow and painful, but America's fundamentals support longer-term optimism, says University of Chicago economist Austan Goolsbee.
Although passive market-cap-weighted ETF strategies remain popular in developing markets, they do have their drawbacks, but actively managed low-volatility and value strategies are gaining momentum, says Morningstar's Patty Oey.
Here's why commodities investors need to know this term and its counterpart, backwardation.
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