Relative Alpha®

An investment strategy that produces consistent Relative Alpha®.
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Do Index Funds Make Active Funds Better?

Research suggests index investing makes active managers better.
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Are Selectors Good at Selecting?

A large business exists on the premise that advisors can select the best of the best. The big question is whether “selectors” are good at “selecting.”
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Outperformance in Down Markets 100% of the Time?

How could an investor have outperformed 100% of the time in the longest bear markets?
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How Can Trustees Be Prudently Passive?

It’s not enough to follow someone’s advice to invest in index funds. Actual passivity contradicts the trustee’s duty to act as a prudent fiduciary. Passive investment products are potentially as complex as any other, and prudence demands careful evaluation.
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Say It Ain’t So, Joe

For many of us who have been in the industry for many years, the idea that so-called passive investing outperforms is hard to take.
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