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Active Management and the Predictability of Markets Redux: Robert Shiller

This is the second in a series of four posts dedicated to active management, focussing on some of the key figures involved in the study...

Active Management and the Predictability of Markets Redux: Eugene Fama

According to Moody’s, total assets in passive funds in the US will overtake those in actively managed funds in 2021. In light of this...

A Timely Reminder

As the current global business cycle matures, I thought it might be an opportune moment to revisit one of the basic but counterintuitive...

Why Value Investors Don’t Have to Restrict Themselves to Cheap Stocks

I’m thinking about launching a smart beta ETF called the “Smart Alpha Smart Beta ETF”. It would invest only in shares that go up. At the...

Value Investing is Not the Same Thing as Value Indices

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. I’m thinking...

Active Share Tells Fund Managers how to Catch the Biggest Fish

It is unsurprising that “active share has not been a reliable indicator of fund managers’ success” (“Active share revealed to have feet...

Active Management and the Predictability of Markets – Robert Shiller

In this second post on 'market predictability' I look at some of Prof Robert Shiller's work. Shiller was a co-winner of this year's...

8 Myths of Global Investing

At Aberdeen we believe there is enormous scope to enhance returns through global investment. To some, this has meant allocating funds...

Theories Can’t Count Cost of Risk

Risk. It's a word thrown around so frequently in the investment world there's risk-adjusted, systematic risk, specific risk, and we all...

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