by ivm_wpadmin | Nov 3, 2021
Manager skill is often assessed by examining the consistency with which they outperform the market: even poor managers may get lucky every once in a while, but consistent outperformance requires skill. Following this logic, we examined 308 global equity funds with a...
by ivm_wpadmin | Oct 15, 2021
The proverb “You get what you pay for” rings true for active management fees. Our research team analyzed the Investment Metrics post-negotiated fee database (Investment Metrics Fee Analyzer) to see if there was a connection between fee levels and active manager...
by ivm_wpadmin | Oct 15, 2021
It is clear that over the last couple of years, asset manager fees have been down but with a wide range of disparity depending on firm size and investment types. At the same time, we saw a Growth-Value rotation earlier this year as equity outflows continue. All...
by ivm_wpadmin | Oct 5, 2021
by ivm_wpadmin | Sep 14, 2021
The evacuation of American and coalition troops and civilians from Afghanistan followed by the Taliban takeover prompted us to examine other episodes of regime change and how equity markets reacted. We looked at the lessons from three big regime changes over 30 years:...
