Germany Joins the Inflation-Indexed Party
Inflation-indexed bonds, a curiosity a decade ago, are now a full-fledged global asset class.
Research Publications Archive
Japanese Equity Indices: A Look Under the Hood
Kicking the tires in the Land of the Rising Sun.
Underweight Small Caps?
Investors should seek quality, not necessarily different capitalization sectors.
Rebalancing
While rebalancing may provide a slight enhancement in returns, its primary goal is to keep asset class weights at or near target allocations in order to control risk and reduce portfolio volatility. This report outlines characteristics of the most common rebalancing strategies and issues to consider when establishing and setting a rebalancing policy.
Bullish on Japan
Economic and market indicators are finally flashing green for the Land of the Rising Sun.
Whither Inflation?
While most investors believe inflation is set to rise, this is hardly a foregone conclusion; indeed, the threats of high inflation and deflation both remain.
The FTSE All-Share: Searching for Fair Value
In order for future real returns to approach those of the last 45 years, unless one makes the highly optimistic assumption of a further expansion in the multiple, either real earnings must compound at a significantly higher rate, or dividend yields must rise.
Last Hurrah for the US$?
Shifting exchange rate policies in Asia may push the U.S. dollar down further.
REITs Decimated in April; Time to Jump in?
REITs are now fairly valued, but proceed cautiously.
Small-Cap Equities: Are They Worth the Risk?
When building return forecasts, be wary of extrapolating past periods of underperformance.