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Results 351–374 of 374 found.

Does GMO Add Value for Investors?
by Larry Swedroe, 3/1/16
GMO is one of the most highly regarded fund families in the world, and investors have entrusted them with over $100 billion in assets. But is there any statistical evidence that the firm has been able to add significant value versus a passive index fund?

Sustainable and Responsible Investing: Is There a Price to Pay?
by Larry Swedroe, 2/8/16
Consumers can use their market power to demonstrate their aversion to certain business activities by choosing not to purchase goods or use services from companies that, in their minds, are selling immoral products. Similarly, investors can decide not to invest in such companies. But do those investors sacrifice returns relative to a broad-based index fund?

Has Vanguard Added Value as an Active Manager?
by Larry Swedroe, 1/12/16
Passive management was pioneered by Vanguard, and its founder, John Bogle, remains its most outspoken advocate. But the firm also offers actively managed funds. Have they added value relative to its passive counterparts?

Why Dividend-Paying Stocks are Riskier than You Think
by Larry Swedroe, 12/15/15
As advisors shift allocations from bonds to high-dividend stocks, they are exposing their clients to equity market risk. But they are also increasing interest-rate risk. Investors in two of the biggest dividend ETFs – SDY and VIG – are among the most exposed to the surging demand for dividend-paying stocks.

Do The Russell Funds Add Value for Investors?
by Larry Swedroe, 11/2/15
My series evaluating the performance of the market’s most prominent actively managed mutual fund families continues with an in-depth analysis of the Russell family of funds.

Third Avenue Management Defends Its Pursuit of Alpha
by Larry Swedroe, 10/19/15
Bloomberg TV recently invited me onto their new show, Bloomberg GO, for a short debate on active versus passive investing with David Barse, the CEO of Third Avenue Management. Barse stated his funds had been able to beat their index benchmark. Let’s go to our trusty videotape to see if Third Avenue has, in fact, been delivering alpha.

Does Wells Fargo Add Value for Investors?
by Larry Swedroe, 10/5/15
Assets in actively managed mutual funds have been a consistent source of revenue growth for Wall Street banks. But would investors have been better off in passively managed funds? I’ll answer that question for Wells Fargo and then for the group consisting of the four largest banks.

Does Morgan Stanley Add Value For Investors?
by Larry Swedroe, 9/8/15
In the latest 10-year period, only 38% of Morgan Stanley’s mutual funds outperformed their analyst-assigned benchmarks. Thus, while the fees these funds have generated are among the few consistent bright spots of growth on Wall Street, there is still a question for investors: Have these actively managed mutual funds been good investment choices?

Do John Hancock Funds Add Value for Investors?
by Larry Swedroe, 8/24/15
John Hancock ranked second on Barron’s annual list of best-performing mutual fund families for the latest 10-year period. How did its performance compare to that of two popular passively managed fund companies?

Did Barron’s Number-One Ranked Fund Family Add Value for Its Investors?
by Larry Swedroe, 8/11/15
If any actively managed fund family were able to deliver superior results, surely it would be the one chosen by Barron’s as its top performer during the last decade. Thus, we clearly should expect to see Waddell & Reed’s funds outperform relative to passively managed alternatives.

Do The Gabelli Funds Add Value for Investors?
by Larry Swedroe, 7/21/15
Mario Gabelli is one of the highest paid executives in America, having earned $88.5 million in 2014 – more than the leaders of all other publicly traded asset-management firms. But have the investors in his mutual funds been as richly compensated when compared to what they would have earned in comparable, passively managed funds?

Can American Funds Sustain Its Outperformance?
by Larry Swedroe, 6/30/15
Among actively managed funds, American Funds has a reputation for providing investor-friendly, low-cost products with sustained records of outperformance. But has it outperformed comparable funds from Vanguard and Dimensional Fund Advisors (DFA)? If so, should investors expect its funds to maintain their edge?

Are Grantham and Hussman Correct About Valuations?
by Larry Swedroe, 6/16/15
For several years, well-respected financial experts such as Jeremy Grantham and John Hussman have been cautioning investors that the market, specifically the S&P 500, is vastly overvalued. Their warnings are based on the Shiller CAPE 10-year ratio compared to its long-term average. Their warnings should be taken with more than a few grains of salt.

Does JPMorgan Chase Add Value For Investors?
by Larry Swedroe, 6/2/15
J.P. Morgan Asset Management has more than $318 billion in assets under management in mutual funds. But the question remains: Have their funds been adding value for investors, or has the firm itself been the real beneficiary?

Do Goldman Sachs' Funds Add Value for Investors?
by Larry Swedroe, 5/19/15
Over the last few years, an expanding line of mutual funds created by commercial banks such as Goldman Sachs and JPMorgan Chase have been drawing billions of dollars from investors looking to earn a good return. While the fees these funds have generated are among the few consistent bright spots of growth on Wall Street, the question for investors is whether or not the active mutual funds managed by these banks actually have been good investment choices.

Does Lipper's Best Overall Fund Company Beat a Passive Strategy?
by Larry Swedroe, 4/28/15
Lipper recently gave financial services firm TIAA-CREF the award for "Best Overall Large Fund Company", making 2015 the first time any fund family has won this honor for three consecutive years. Among its actively managed peers, TIAA-CREF's funds did exceptionally well. But does that mean your clients benefitted by owning its funds?

An In-Depth Look at the MFS Value Fund
by Larry Swedroe, 4/7/15
As I continue with my series analyzing the performance of some of the most successful actively managed mutual funds, it's important to acknowledge that I possess the benefit of hindsight; I am selecting funds I know have done well in the past. The question I seek to answer is whether investors should expect that outperformance to continue. With that in mind, today we'll take an in-depth look at the MFS Value Fund (MEIAX).

An In-Depth Look at Fidelity's Contrafund
by Larry Swedroe, 3/24/15
Fidelity's largest actively managed fund is the Contrafund (FCNTX). It's also among Fidelity's top performers, making it their flagship fund, a status previously accorded to the Magellan Fund under Peter Lynch. Will Contrafund investors continue to enjoy outperformance or will they face flagging returns like Magellan's investors did following Lynch's departure?

An In-Depth Look at the Sequoia Fund
by Larry Swedroe, 2/24/15
Looking at its 35-year track record, some now consider the Sequoia Fund (SEQUX) an anomaly; it is an actively managed fund that has persistently generated positive risk-adjusted returns, outperforming its peers and its benchmark. Should investors expect this outperformance to persist?

An In-Depth Look at the Tweedy Browne Value Fund
by Larry Swedroe, 2/10/15
Tweedy Browne has long been one of the most respected and iconic names in the mutual fund industry. But, over the long term, has the firm's flagship fund outperformed a passive benchmark?

Looking Back at James Montier's "Perfect" Value Investors
by Larry Swedroe, 1/27/15
Is there such a thing as a "perfect" value investor? And if so, what does that investor's fund look like? James Montier thought he knew the answers when he penned his 2006 article "The Perfect Value Investor." Let's look back and see how that portfolio did.

An In-Depth Look at Two Dodge & Cox Funds
by Larry Swedroe, 1/6/15
For investors looking to choose a U.S. large-value fund, The Dodge & Cox Stock Fund (DODGX) is an excellent candidate. Given its outstanding record, let's take a look at the fund's performance.

How AQR's New Fund Adds Value - An Alternative Approach to Alternatives: Investing with Style
by Larry Swedroe, 11/18/14
The conventional justification for alternative investments has been their ability to effectively diversify against core equity and fixed-income allocations. But, in many cases, the empirical data doesn't support that view. A new fund provides a different way to obtain returns from sources that have low to negative correlation to stocks and bonds, as well as each other - an alternative to alternative investment vehicles.

Structured Portfolios: Solving the Problems with Indexing
by Larry Swedroe, 5/27/14
An overwhelming body of evidence demonstrates that the majority of investors would be better off by adopting indexed investment strategies. A total-stock-market index is fine for many investors. But indexed investors who desire certain types of exposure face a number of problems - which are solved with what I call "structured portfolios."
Results 351–374 of 374 found.