Resources

Our in-house portfolio managers regularly publish reports and data focusing on timely topics affecting the markets, the financial services industry and/or portfolio construction.

      1. ETF's 25th Anniversary

        This January marks the 25th anniversary of the first ever Exchange Trade Fund (ETF) - the SPDRs S&P 500 - bearing the ticker symbol SPY. While index funds in the mutual fund wrapper have been around since 1975, the ETF is relatively new, though not as new as some might think. Much has changed since the first ETF began trading, and there is no question that the investment vehicle has become very popular with both institutions and individual investors.

      2. ETF's : Facts & Fantasies

        In writing these monthly reports, we do our best to assist our readers in keeping up with the fast paced investment world. Recently our reports have focused on the fixed income markets and how interest rates were quickly adjusting to a world with more growth and potentially less Federal Reserve intervention. This month we are turning our focus to Exchange Traded Funds (ETFs), given that these investment vehicles are gaining more popularity by the day. Surprising to many investors, 2013 marks 20 years of ETFs and below we have laid out some of the facts and fantasies of the popular investment vehicle.

      3. It's tempting....but don't do it.

        For those who may not be paying attention, stock markets across the globe have been doing well recently. On a year-to-date (YTD) basis, stocks (as measured by the All Country World Index (MSCI ACWI)), have returned over 20%. Even emerging market equities, which have generally lagged developed markets over the last 5 years, are up about 30% for the year. Since the market “bottomed” in February 2016, the broader indices are up about 50%, including dividends.

      4. Volatility

        Volatility in the stock market has seemingly vanished. When considering that there have been only 4 days where the S&P 500 has fallen by 1% or more so far this year, it feels like the only inherent risk when investing in stocks, is the risk of not being invested. By way of reference, the S&P 500 fell by 1% or more on 22 days in 2016. The last bouts of volatility were not that long ago, when investors were contemplating the risk around the flash crash of August 2015, the Brexit vote, falling oil prices and the presidential election.

      5. Does it still make sense to own Alts?

        Given an increased interest surrounding the role of alternatives in the context of portfolio construction, it seems fitting to address the role that alternatives play in a well-diversified portfolio.

      6. Battling Recency Effect

        Since this market has yet to see a headline it didn’t like, many investors are expecting a continuation of low volatility and higher market levels into the fall and winter months.

      7. More Articles