Value Investors’ Inconvenient Truth: They Lose to S&P 500
Value shop Research Affiliates argues that, ironically, “value investors are supplying a premium to other market participants rather than collecting one.”
7 Smart Beta Questions, Answered
Research Affiliates' Jason Hsu explains what alternative indexing means, how it differs from traditional investing, and why it might be smart to get some.
Investors: Beware of the Quants
Research Affiliates argues that very few investment strategies have proven their worth over time and across markets.
Rob Arnott and the Rise of Smart Beta
These strategies, developed by Rob Arnott, have attracted tons of money and adherents, but critics too. What does it mean for you and your clients?
Traditional Indexing Delivers Below-Average, Not Average, Returns
A Research Affiliates study questions a cherished tenet of index investing — namely, that it produces market-based returns.
What We Can and Can’t Predict About Stock Returns
Nobel laureates Fama’s and Shiller’s asset-pricing models are nearly opposite, yet they both got one big thing wrong, Research Affiliates CIO Hsu says.
Fed Fueling America’s Slide to Southern European Future
Printing money is not inflationary, say the inflation hawks at Rob Arnett’s Research Affiliates. But no, the firm is not suddenly going all wobbly on the Fed’s quantitative easing policy.