It’s easy to obsess over ETF failures to deliver and short interest, but this misses the point.
The muni market is set to be bid higher as a wave of reinvestment runs into limited new issuance.
Can fund managers run different portfolios successfully at the same time, or does it dilute performance?
Academics in the Netherlands break it down: savings made on transaction costs outweigh returns on offer from more frequent portfolio rebalancing.
We look at how active and passive funds can invest in or avoid questionable regimes.
Factors may be chasing higher returns but in the match against sectors, there are no overall winners
Passive investors have already shaken the world of asset management, and big oil may be the next industry to feel their power.
AQR has secured a triumph over Research Affiliates in the market-neutral arena, but neither firm tops the table.
What will be the impact of the move of managers to develop ETFs reminiscent of existing active funds?
Despite recent and upcoming political uncertainty in Europe, investors in the region are undeterred, but what are their passive options?