Article: Momentum and Bubbles

What’s Your Prior? When a behavior leads to a positive outcome we are more likely to repeat that behavior, a phenomenon known in psychology as ‘positive reinforcement.’ Momentum trading fits this description rather well: if your winners keep winning, it’s probably a...

Article: The Power of True Peer Benchmarking

Plan sponsors manage their plans within the guidelines set by their investment policy statements, asset allocation mandates and funding requirements. Every plan is unique, and it is imperative to have appropriate benchmarks both for comparing performance and for...