New barometer shows outperformance of passive management
Cash flows from this asset class are more sustainable and predictable
Advisors should consider the strategic investment approach of pension plans
Performance of very large companies often lags the market
Recent research shows a pattern of small-cap underperformance
The result is more exposure to mid- and small-cap stocks
Exchange-traded fund avoids some hedge fund drawbacks
Look to global markets to find equity risk premiums (ERPs) for your clients
Stocks in emerging markets have become increasingly inexpensive