Average returns in the six major fund groups have topped 21% a year since the worst of the financial crisis. Sometimes, it’s worth reliving a bit of painful history. On March 9, 2009, the stock market hit 12-year lows. The Dow Jones traded under 6,550, while the...
[blockquote text='quant risk management has gone mainstream.' text_color='' width='' line_height='undefined' background_color='' border_color='' show_quote_icon='yes' quote_icon_color=''] From risk systems for advisors to algorithms used by firms like Wealthfront, quant risk management has gone mainstream. These systems have gone from being housed on supercomputers at large institutions to cloud-based...
Cash has become another four-letter word for some investors. Sure, it doesn't earn anything - which is only slightly less than the yield on high quality, short-term debt - but keeping some immediate liquidity has some real-world advantages. (See monthly index returns table below.) Probably the...