John Spence

Features and News

Are Mutual Fund Scandals a Boon for the ETF Industry?

The Spitzer investigation continues to provide fresh gunpowder for ETF marketers . . . but they've remained eerily silent.

Features and News

Joel Dickson Interview

Vanguard tax guru and fund co-manager discusses Vanguard's quantitative approach to managing its active stock funds.

Features and News

Joined at the Hip – Vanguard’s VIPERS and index funds

Vanguard's exchange-traded funds are structured as separate share classes of its exisiting index funds. Industry insiders debate the merits of this structure vs. 'stand alone' ETFs.

Features and News

Gus Sauter Interview

Vanguard indexing guru discusses switch to new domestic MSCI benchmarks - and why the Russell 2000 reconstitution no longer keeps him up at nights. Also featured is Sauter's previous Journal of Indexes article on benchmark construction.

Features and News

Fair Value Pricing in International Funds

Market timers often attempt to exploit time zone differences, and this can harm long-term investors. A number of index fund managers comment on the problem.