Responsible investing means different things to different people. There are pros and cons to each method of incorporating environmental, social and governance factors into investment portfolios.
The UK’s triggering of Article 50 on March 29 is like firing the starting pistol on the process of leaving the EU – but this race will be slow and tortuous. Here is our view on what investors should expect and how they should prepare.
As interest rates nudge higher, many municipal bond investors worry about the impact on their portfolios. Muni credit, which holds its value better when rates rise, could be the solution.
The proliferation of liquid alternative mutual funds happened in response to the 2008-2009 recession, which was followed by an extended period of unusually low interest rates.
President Trump’s administration wants US multinationals to bring offshore manufacturing and jobs back home. Apple’s iPhone is one example, uncovered by our research, of the complexities involved in dismantling international supply chains.
Recent research on the psychology of spending reveals a new perspective in the psychology of retirement income satisfaction.
Peter Chiappinelli, CFA; GMO LLC discusses the common benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index (the Agg). There’s nothing passive about the Agg, as it’s aggressively been taking on more risk. There are three main reasons for this concern: the simple math of bond duration; the changing composition of the index; and the very logical financing behavior of corporate borrowers.
One of the hottest gifts of the recent holiday season was the Amazon Echo, which offers to ease the lives of customers by directing the system with its famous command “Alexa…” This move toward the automation of a greater percentage of our lives has a parallel in the investing world.
Investors have used U.S. Treasury Inflation Protected Securities (TIPS) since 1997 to seek protection from the threat of inflation. However, attempting to target TIPS duration to match portfolio risk exposure can consume unanticipated time, effort, and fees. This white paper discusses two focused TIPS exchange traded fund strategies that seek near-constant duration exposures despite shifts in inflationary expectations and interest rates.
Tax reform is currently high on the list of priorities in Washington. It is unclear exactly how new legislation will unfold, but estate taxes and itemized deductions, including charitable deductions are all on the table. So it may be prudent for clients to maximize charitable deductions this year when the current tax policy is still intact.