Value investing is about more than short-term performances, it’s a long-term commitment.
Recent market action suggests the days of growth’s dominance over value stocks may be over.
Here are some favorite funds that advisors like going into the new year.
People have been talking about ‘growth’ vs. ‘value’ investing for a long time and, judging by the growing ETF market, they’re not going to stop talking any time soon.
The story line on actively managed exchange-traded funds is that they are a failure. The media spent more than five years hyping the coming of actively managed ETFs, but when the first one hit the market in 2008, investors hardly noticed. As of March 31, 2010, there were (by most definitions) 17 actively managed ETFs available in the U.S. Collectively, those funds held $380 million, or about $22 million each.
Plain-vanilla quant funds outperform more exotic fare.
When PowerShares Capital Management launched its first two ETFs on the American Stock Exchange two years ago, there was nothing like it in the ETF world And there still isn’t.