David Stevenson's Articles

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

Affinity ETFs coming to a branch near you

by , 24th October 2017

ETF Stream’s daily update on new issues brought a real gem yesterday – David Tuckwell reported that USAA, the group that provides financial services to members and veterans of the […]
David Stevenson

European equities – a fading region globally?

by , 18th October 2017

European equities have had a strong 12 months. In dollar terms the region’s equity markets have increased in value by 1.9% over the last month, 5.2% over the last three […]

Backwardation meets Kurdistan – energy markets at crucial juncture?

by , 17th October 2017

Energy specialists at investment bank Goldman Sachs and asset management firm Guinness reckon that global energy markets are at a crucial juncture, with futures markets moving into backwardation and a […]

iShares – was the BGI purchase the deal of the decade?

by , 17th October 2017

The big story of the last few days within the asset management space has been Invesco’s takeover of Guggenheims ETF business for a reported $1.2 billion. Given that Guggenheim only […]
David Stevenson