“Communication Breakdown” As The Fed Loses Street Cred
Are you confused about the Fed’s actions? Weren’t they supposed to hike rates in early 2015, then late 2015, now mid-2016 or maybe not at all? What is the logic...Read More
Morningstar OfficeSM and RiXtrema Integrate: Seamless Portfolio Crash Testing to Benefit Platform Users
RiXtrema is now integrated with Morningstar OfficeSM, Morningstar’s practice and portfolio management system for financial advisors. Now, dual clients of RiXtrema and Morningstar will be able to pull any account...Read More
High Yield: Are ‘Fixed Income People’ Smarter Than ‘Equity People’?
Increases in junk credit spreads have historically been predictive of the stock market moves, especially after a prolonged period of very low spreads. And so today, the junk debt market...Read More
The Investor Revolt Continues In The Wrong Direction
The «investor revolt» continues. According to Investment Company Institute, US equity funds have outflows of $17.5 billion in August on top of the $28.58 billion in July. These are very...Read More
Robos deny impact from volatility on their AUM growth, straining credibility
AUM growth of first-generation robo-advisors dramatically slowed in light of market volatility, yet statements by robo advisors deny this fact, straining credibility. Financial Planning magazine published the deep dive into...Read More
The Problem With Robo-Advisors’ Use of Mean Variance Optimization
Letting machines that are essentially error maximizers automatically build investment portfolios is not a great idea. In fact, it’s a terrible idea for your clients. However, the first generation of...Read More