David Stevenson's Articles

Value is broken, but a new generation of ETFs could fix it

by , 2nd November 2018

[This is the third article in a series on breathing new life into value investing]. Many moons ago I wrote a long old book on stock screening – based in […]
David Stevenson

Stop telling millennials that they save too little!

by , 28th October 2018

I apologise for sounding like a broken record player, but we all need to be reminded that we have a slow moving car crash on our collective hands when it […]
David Stevenson

Expect a bumpy ride for the next 12 months

by , 16th October 2018

It feels like the panic selling of last week has finally stopped and we may about to resume normal service, David Stevenson argues. I can’t quite understand the cause of […]
David Stevenson

Absolute return funds fail to deliver

by , 15th October 2018

A new study puts the sword to absolute return funds, claiming they mostly fail to live up to the hype The worst performing absolute return funds prove worse investments than […]
David Stevenson

Fidelity and the 0% wheeze

by , 17th August 2018

Fidelity’s launch of a zero fee US equities tracker has sparked an inevitable bout of anxiety and panic. The anxiety comes from the those who think ETFs are the next […]
David Stevenson

Getting to know smart beta

by , 15th January 2018

Smart beta makes a great deal of sense for mainstream investors, with many variants of factor investing producing outperformance over the long run. But it’s not a risk-free trade. As […]
David Stevenson

Smart beta thoughts – part 1

by , 29th December 2017

I have one very obvious prediction about 2018 – Smart Beta will become increasingly important to not only institutional but also retail investors. Overall, I think smart beta is a […]
David Stevenson

The Great Battery Technology Race – and what to invest in?

29th November 2017

If you had have asked the average investor over a decade ago what they made of clean, renewable energy, I’m fairly sure they would have thought it largely irrelevant – […]

The ETF consolidation battle hots up

by , 13th November 2017

I can’t help but comment on the news story today about Wisdom Tree snapping up the ETC business of ETF Securities. The story is from my colleague Ed Bowsher over […]
David Stevenson

Who gets to build the index? Machines or you and I?

by , 31st October 2017

Passive funds make great play of their index tracking. The idea is, of course, alluring and simple. Do away with that idiosyncratic manager and replace him or her with a […]
David Stevenson