Just in time for the holidays, the US Federal Reserve released its quarterly Z.1 report. Recently retitled Financial Accounts of the United States (formerly Flow of Funds), the new data have provided a new, and perhaps final, chapter in the great financial … Read more
3 CommentsAs we continue our special coverage of India, it becomes important to ask the obvious. How are Indian companies doing? For that, we turn to the chief investment officer of SBI Mutual funds, Navneet Munot, CFA. Listen or read on … Read more
Leave a CommentOn 10 July 2013, the US Securities and Exchange Commission (SEC) voted 4–1 to lift a decades-old ban that has prevented hedge funds and private equity firms from marketing their investments to the general public. This move opens up billions of … Read more
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Most literature or media on finance today tell us how to make money. We are bombarded with stock tips about the next Apple or Google, faced with articles on how India or biotech investing is the next hot thing, or told how … Read more
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Introduction In last week’s post I mentioned one of the slogans used in the US Marine Corps, “Adapt, Improvise, and Overcome.” As 10 November 2013 was the 238th birthday of The Corps, I was thinking of all the adjustments it … Read more
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Smart beta is an impressive investment branding story. The name neatly encapsulates the idea of beating conventional indices consistently but with little effort and much lower costs. Intellectually seductive, it conveys the concept of market exposure that avoids the costs and behavioral failures of active managers. Read more
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