Archive for May, 2015
CONSIDER ADDING SOME COMMODITY EXPOSURE TO YOUR PORTFOLIO
CONSIDER ADDING SOME COMMODITY EXPOSURE TO YOUR PORTFOLIO
COMMODITIES ARE:
- Currently unpopular
- Cheap
- “Only asset class to make money in an inflation shock”
Credit Suisse Commodity Return Strategy (CRSOX):
“…Morningstar’s sole actively managed medalist fund in the commodities
broad-basket category…”
Greenhaven Continuous Commodity ETF (GCC)
“…it equally weights various commodities, resulting in a much lower allocation to energy stocks than its peers.”
ASNESS: ADVANCING RESEARCH
One third of AQR Capital Management’s professional staff, including Cliff Asness hold PhD’s, but even they are constantly challenged by the financial markets. AQR and the London Business School recently announced the creation of the AQR Institute of Asset Management, a ten year partnership aimed at advancing research and best practices in the global asset management community. Cliff Asness explains the thinking behind the project.
CHECK OUT ESTABLISHED ACTIVELY MANAGED BOND FUNDS
BOND FUND MANAGER OUTPERFORMANCE
- 3 years 71%
- 5 years 70%
- 10 years 56%
STOCK FUND MANAGER OUTPERFORMANCE
Percentage of Non-Index Stock Fund Managers that Outperform S&P 500 Index
- 3 years 29%
- 5 years 20 %
- 10 years 27 %
ROBERTS: WASHINGTON INSIGHT
PhD economist Dan Roberts, Portfolio Manager of the award winning MainStay Unconstrained Bond Fund, didn’t start out on Wall Street. Early in his career he served at the U.S. Securities and Exchange Commission, at The White House with the President’s Council of Economic Advisors, and was Executive Director of the U.S. Congress Joint Economic Committee. We asked him how his government service influenced his investment career.
Roberts: Unconstrained Flexibility
This page is here for technical reasons. Please click here to get to the episode page.
Connect
Connect with us on the following social media platforms.