Is Passive Investing Already Passé?
In the Financial Times, Mohamed El-Erian suggests that for now at least, passive investing's time in the sun is over. He writes:
Should the vehicles...
Institutional Investors “Lulled Into Complacency” by VC “Phoney Happiness”
Through a comparison of venture capital to Kathie Wood's Ark Innovation ETF, Daniel Rasmussen, suggests in the Financial Times that institutional investors are "lured...
A Year-End Surprise Your Portfolio Could Do Without
A year-end surprise you don’t want to receive is a tax bill from your mutual fund. Over the years, I’ve soured on mutual funds....
ESG, Richard Young, Jack Bogle, and You
Vanguard, one of America's largest mutual fund companies, is, according to Will Hild in The Wall Street Journal, violating an agreement with the Federal...
Fidelity Joins Companies Converting Mutual Funds to ETFs and Lowering Fees
Fidelity has announced that it will convert six of its mutual funds into exchange traded funds (ETFs), joining other mutual fund companies in a...
Ginnie Mae (GNMA) Bond Yields
What do Ginnie Mae (GNMA) bonds yield? The table below lists the yields on two of the major Ginnie Mae (GNMA) indices as well...
Are Private Equity Funds Turning into a Pyramid Scheme?
According to Mikkel Svenstrup, chief investment officer at ATP, Denmark's largest pension fund, the private equity industry is looking more like a pyramid scheme....
Is It Time to Talk About the Defects of Index Funds Now?
Is it time to talk about the defects of index funds now? That's the question being asked by Hunter Lewis in Barron's. He writes:
Index...
WARNING: Private Equity Investing Coming to a Retailer Near You
Don’t look now, but private equity is looking to tap into the retail investor market. Looks like they ran out of money on the...
RAPID REVERSAL: Passive Funds Own More of Market than Active Funds
For the first time ever, passive index funds own more of the U.S. stock market (16%) than actively managed funds (14%). The change represents...