Escape The Average?!?

Well, Jim, you clearly have more faith in the SEC than I do. Maybe it’s the 12b-1 fees … or the rules allowing soft dollar arrangements … or the lack of 401(k) fee disclosures … or the existence of 5% sales loads … or the mind-boggling prospectuses … or the, well, you know what I mean. … Analysis

Economist Comes Out For Indexing!

So an economist from the investor advocacy government agency comes out for indexing.  Woo hoo.  I wish the index industry was consistently coming out with the same kind of message. Analysis

Weekend Reading

I spent the weekend catching up on a little reading in the ETF and indexing space, and stumbled across a few gems worth sharing. Analysis

Add This To Issues Damaging Index Returns

The complete lack of dividend payouts in the stock market and trading of known cash for a paper promise, is one of a number off issues weighted against investors and for managers. Analysis

Buyback Boondoggle?

Count me among the believers in Howard’s Silverblatt’s increasingly aggressive campaign against corporate stock buybacks. Analysis

Tax Plays? Cash Redemptions?

Good ongoing coverage of the Russell recon, Jim.  I’m still figuring out what the “play” in all this is. It’s a huge movement of money with a payoff that’s not entirely clear. Analysis

All's Well That Ends Well

Further to the Russell 2000 story, the assets, it turns out, went even lower than we'd reported, and they are ALL the way back. Furthermore, BGI indicated that this has become a bit of an annual tradition. Analysis

Gaming the iShares Russell 2000?

We just saw a very big, very gutsy play on the Russell 2000 at rebalance, and we're still working on putting all the pieces together. But it was BIG - big enough that very few market players would even dare to come up with the idea. I mean a $10 billion redemption on stock you don't even have? You've got to be kidding me.