Equity Market Timing, Valuations and Momentum Investing
This brief report argues against several popular market-timing strategies and examines the potential risks and rewards of momentum investing for short- and long-term investors.
Equities
Equity Portfolio Protection – The Cost of ‘Costless’ Collars
This brief report examines various portfolio protection products, their risks, cost, and effectiveness.
Firing Managers: Should Performance Be Your Guide
A demonstration that short-term performance is a poor criterion on which to base manager hiring decisions.
U.S. Equity Indexing
This guide to indexing addresses methods (replication, sampling, optimization), benchmarks, transactions costs, fees, and client servicing.
An Evaluation of U.S. Equity Manager Structures
This report analyzes diversified growth/value active manager structures and their underperformance relative to common benchmarks.
U.S. Stock Manager Selection
A summary of manager selection and evaluation.