Practical analysis for investment professionals
In Practice Summary
In Practice Summary: Build in Buybacks for Better Forecasts
When investors forecast long-run drivers of stock returns, are cash dividends or payouts such as buybacks more accurate criteria than fundamentals? A new study suggests that they are. Mark Harrison, CFA, explains.
In Practice Summary: Social Responsibility (SR) Screens and Fund Performance
Does environmental, social, and governance (ESG) investing add or subtract value from investment portfolios? According to the findings of a trio of researchers, summarized in the new In Practice series, the answer is neither: Investors can both match index performance while also “doing good” for the environment and society.