Find out
your risk
profile
your risk
profile
Weston Wellington Vice President, Dimensional Fund Advisors Value stocks underperformed growth stocks by a material margin in the US last year. However, the magnitude and duration of the recent negative value premium are not unprecedented. This column reviews a previous…
Financial advisers and private client advisers at banks and broking firms have a long history of buying fixed interest securities as direct holdings for their clients. However, over recent years there has been a shift in behaviour, with fixed interest…
At Consilium, we believe a growing body of evidence has moved us past the traditional active vs. passive debate. The best evidence comes from the US where the research has been collected and mostly aptly documented. The traditional debate contrasts…
A consideration of the evidence Short summary of our position on tactical asset allocation According to Vanguard, “Tactical asset allocation (TAA) is a dynamic strategy that actively adjusts a portfolio's strategic asset allocation (SAA) based on short term market forecasts. …
They say a picture is worth a thousand words. We could easily spill a thousand words on market timing. We could talk about how each trade involves a willing buyer and seller; each with equal interests, each with the same…
Recently in New Zealand a few star managers have had brilliant runs, easily outperforming markets since inception. Why on earth would an investor not want to use these funds for their New Zealand share allocation? We have a lot of…
