Peter ElstonMar 1, 20194 minInvestingThe Myths and Misunderstandings Behind Active ShareThe issue of closet tracker funds charging high fees for poor performance has been a recent gripe of the Financial Conduct Authority. It...
Peter ElstonDec 1, 20175 minInvestingA New, Simple, Comprehensive Measure of Fund ‘Active-ness’In the spirit of Christmas, I present in this final letter of the year some truly psychedelic charts! "I guess he’d never heard of Warren...
Peter ElstonSep 1, 20177 minInvestingYet More Shocking Findings About Active ManagementFrom Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Most of you will...
Peter ElstonDec 1, 20104 minA Bit of Maths Will Help Clarify Fund Fee PictureHow should you judge whether a fund’s fees are worth paying? This can be a very hard question to answer in an industry where the...
Peter ElstonSep 1, 20104 minStudy Finds Good Predictor of Fund PerformanceIs it possible to find a simple measure that identifies skilful active managers and thus funds that will produce good returns?...