In the Margins
Burton G. Malkiel, the economist known for being one of the biggest proponents of index investing, continues to be among the skeptics of smart-beta mutual funds and exchange-traded funds. "In that [smart beta] does enhance returns, it’s likely because the portfolios have additional risk," Malkiel said in an interview. "It isn’t some smart new way to outperform on a risk-adjusted basis." Read the original story from MarketWatch.
Most Read
Total compensation paid to independent mutual fund directors in 2023 increased, though the difference was smaller than in the year prior, according to industry data obtained ...
The Putnam Funds board has new leadership and a new independent member following the retirement of Kenneth Leibler, who chaired the board for six years and ...
Independent Chairman Hassell McClellan and the John Hancock Funds board made progress this summer on a years-long board refreshment effort, but they're not done yet. McClellan ...
The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...