Investing

[ad_1] What can the larger investment community learn from how asset owners are thinking about and building their multi-generational, long-horizon portfolios? At last month’s Alpha Summit GLOBAL by CFA Institute, Jaap van Dam, PGGM’s principal director of investment strategy, and Geoffrey Rubin, the senior managing director and chief investment strategist at […]

[ad_1] “The current inflation episode is just the kind of event that the fiscal theory of the price level can easily describe. It’s simple. The US government printed up about $3 trillion of money and sent people checks. It borrowed an additional $2 trillion of money and sent people more checks.” […]

[ad_1] The Price of Time: Interest, Capitalism, and the Curse of Easy Money. 2022. Edward Chancellor. Atlantic Monthly Press. Few areas of macroeconomic policy are as important and generate as much heat as monetary policy. Were a freshman economics major to inquire about the subject, I would tell them to […]

[ad_1] Editor’s Note: This is the second in a series of articles that challenge the conventional wisdom that stocks always outperform bonds over the long term and that a negative correlation between bonds and stocks leads to effective diversification. In it, Edward McQuarrie draws from his research analyzing US stock and […]

[ad_1] “Shortly after October 6, 1979, [US Federal Reserve chair Paul Volcker] met with some chief executives of medium-sized firms. . . . One CEO announced that he had recently signed a three-year labor contract with annual wage increases of 13 percent — and was happy with the result. Only […]

[ad_1] What can we do for our clients that they can’t do on their own? What can make us better at managing their money than they are? These aren’t always easy questions to answer as a financial adviser. But modesty aside, we need to be able to explain to potential […]

[ad_1] Among C-suite and financial executives at both for-profit and nonprofit organizations, 99% are committed to helping employees save for retirement and 84% believe they have made significant progress toward achieving their organization’s diversity, equity, and inclusion (DEI) goals. That’s according to a December 2021 PNC Survey on institutional social […]

[ad_1] The last 12 months have been difficult for equity income investors. The top 20% of dividend-paying stocks in the S&P 500 Index have returned 13.5% in the 12 months through March. That compares to a 29.9% return for the broader S&P 500. My message to equity income investors is: […]

[ad_1] Your Essential Guide to Sustainable Investing. 2022. Larry E. Swedroe and Samuel C. Adams. Harriman House. The establishment of the United Nations-backed Principles for Responsible Investment (PRI) in 2006 marked a turning point for investors. The PRI united signatories under a framework that was consistent with the neoclassical underpinnings […]

[ad_1] The debate about private market fund valuations and volatility has returned to center stage. To quote Mohamed El-Erian, some private equity managers believe “their asset class would avoid the reckoning that stocks and bonds have been exposed to this year because they were structurally immunised against disruptive changes in […]