Research

Research

In-depth analysis driving informed decisions.

→

Public Funds vs. Private Market

Why Democratization May Not Be Best for Investors

Diversification Works for Bonds

​If advisors widen their asset class choices when building fixed income portfolios, investor outcomes will improve.

Federal Reserve monetary policy does not work, has not worked, and cannot work

​The Fed Funds / inflation connection.

The Rise of Passive and Indexed Investing, and its Effect on Market and Liquidity Risk

​No one should manage 100% of their assets passively or actively.

Must Bond Investors Fear Rising Interest Rates?

​Diversified bond fund investors may profit long term, even in the face of rising interest rates.

Bursting the Bond Bubble Babble

​In rising-rate environments, total returns are generally positive, not negative. Investors should shorten duration and diversify into multi-asset fixed-income portfolios.

The industry is wrong, rising interest rates are not bad for investors

​If widely diversified equal-weighted indexing works for stocks, it can work for bonds as well.