Research Affiliates assesses how tailoring indexes to investors’ tastes carries its own weaknesses.
Despite the loss, the commonwealth’s pension funds just beat out their benchmark’s performance.
Housing and commodities markets can be vexing, but the world will always require what the soil yields.
‘Fiduciary duty is not lip service,’ says August 4 letter, which is addressed to CEO Larry Fink and seeks ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’