Rebalancing is a critically important element of portfolio management, but it gets scarcely the attention it deserves. Our research shows that disciplined rebalancing is necessary to maintain a portfolio at its desired risk and return levels – without it, the whims of the market can considerably alter a portfolio’s composition.
With short-term interest rates at historic lows, and the end of the Federal Reserve’s latest bond purchase program scheduled in October, investors are right to wonder about the prospect of rising interest rates. This wonder naturally turns to concern for fixed income portfolios, which derive their return from the overall
On July 23, 2014, the Securities and Exchange Commission (“SEC”) released an 869-page document adopting amendments to the rules that govern money market mutual funds. The amendments passed by a narrow 3-to-2 margin and, similar to previous amendments adopted in 2010,
It was five years ago yesterday – March 9, 2009 – that the US stock market tumbled to its lowest point in the 2008/09 market crash. The five years that followed have seen a tremendous reinflation of asset values for risky assets.
