Chastened ECB Wary of Premature Monetary Tightening

Cyclical indicators have improved, but the economic and financial backdrop in the euro area remains fragile. The ECB has clearly learned from past mistakes and is keen to avoid a premature tightening of monetary conditions.

read more

The Next Step to Increasing DC Plan Participation

Defined contribution (DC) plans can deliver benefits only if workers choose to participate. Unfortunately, about one in every five eligible US employees chooses not to, according to research from Aon Hewitt.

read more

After ATRA, Tax Management Gains Importance

Daniel B. Eagan and Paul Robertson The US tax reform just enacted has made effective tax management of portfolios far more valuable for some investors. The old rules of thumb never really worked, but their shortcomings will now cost investors more.

read more

Solving the Profitability Puzzle

Companies around the world enjoyed especially high profit margins in late 2012. But can this trend be maintained or is profitability poised for a collapse that might threaten stocks this year?

read more

High-Yield Bonds: Tackling the Tough Questions

With high-yield bonds at record high prices and interest rates so low they’re barely visible in some parts, investors have a lot of anxious questions. Our opinion: we think high-yield bonds still offer more income and fare better in rising rate environments than other bond types.

read more

Investing in the Robot Revolution: Part 2

Catherine Wood and Michael Shavel From manufacturing to services, a step change in automation is underway. Investors will want to get a share of a market that could be worth $400 billion by 2020 but, more than ever, they will need to be well advised.

read more

Ease the Burden of Managing Risk

Risk remains important for many institutional investors, but dealing with it effectively takes time and energy. How investors approach it should therefore depend on their governance capacity.

read more

New US Tax Law May Reduce Portfolio Trading

Daniel B. Eagan, Paul Robertson and Tara Thompson-Popernik By raising capital-gains tax rates for some investors, the American Tax Relief Act alters the ground rules for tax-aware trading. If your taxable income exceeds $400,000 (single filer) or $450,000 (joint filer), there may now be less trading in your portfolio because each trade must clear a [...]

read more

When Is a Small-Cap Strategy Too Big?

For small-cap equity managers, liquidity is always a challenge. But how can you really know when a strategy is too big to move in and out of positions efficiently?

read more

Archives by Month:

Archives by Subject: