Institutional Investor

This Firm is Warning Investors to Be Wary of Smart-Beta Bond Funds

“The smart beta label still represents a small, new, heterogeneous, and most likely misunderstood, group of exchange-traded funds in the fixed income space,” says MPI’s Megan Woods in this article on Smart Beta bond funds by Institutional Investor‘s Julie Segal.

Why Investors Are Pulling Money From GTAA Funds

Based on analysis from MPI’s Megan Woods, Institutional Investor’s Julie Segal reviews the performance of prominent Global Tactical Asset Allocation (GTAA) funds. With recent underperformance driving outflows to the once fast-growing group of strategies, the MPI study seeks to help fund selectors better evaluate GTAA products, a group of disparate, complex and often opaque funds that can potentially add valuable diversification to portfolios. For the full GTAA analysis, see our research “Parsing the Dynamics of Global Tactical Asset Allocation (GTAA) Funds“.

50 Shades of Value? Why Smart Beta Fund Performance Varies So Much

Asset managers are racing to launch factor-based and smart beta funds, in part to satisfy investor demand for lower-fee, passive strategies. But a new study from investment research firm Markov Processes International, produced exclusively for Institutional Investor, finds that some of these products vary widely in their performance.

Yale and Copycats Win in 2016

A new study of 14 endowments posted on Institutional Investor finds that the top three performers for fiscal year 2016 are those closest to the Yale Model. Here’s why.

Can Anyone Beat David Swensen?

The short answer, following a year in which the Yale CIO and the endowment he leads avoided carnage in commodities and emerging markets, is no. Here’s why.