Opinion

Articles & Columns Sharing Views from Our Contributors

The imitation game: Europe needs to follow US to crack ETF code

by , 19th February 2019

ETFs have been part of the global investment landscape for nearly three decades. Recent years have seen marked record growth in the asset class both in the UK and Europe. However, […]
Simon Barriball

Active’s consistency problem

by , 11th February 2019

Here’s a headline that struck this correspondent as being somewhat confusing. It came in a recent issue of Investment Week and read ‘Morningstar advises investors to “quit chasing” consistent fund […]
Scott Longley

ESG might make you poorer

by , 7th February 2019

Two quick notes today: one about ESG investing and ETFs; another about potential QE4. ESG investing, if you can afford it In my youth, when I was a crusading socialist, […]
David Stevenson

Explaining factor investing to the masses

by , 30th January 2019

The degree to which smart beta has transformed the investment landscape while also driving product innovation is all too evident. And it’s also helped asset allocation techniques to improve. At […]
Scott Longley

Bogle was wrong about ETFs but right about indexes

by , 24th January 2019

A new wave of fintechs, including robo-advisors and zero fee brokers, show ETFs can be used for  buy and hold investment strategies At its most extreme, ETFs can be used by […]
David Stevenson

Jack Bogle – the father of passive

by , 21st January 2019

The impact of Jack Bogle on the world of investment is, by any estimation, huge. Whichever side of the active versus passive debate you sit, it is undoubtedly true that […]
Scott Longley

How price wars and self-indexing will affect the ETF market in 2019

by , 21st January 2019

One of the primary selling points of the ETF industry (and index tracking in general) has been that it reduces costs for investors. Last year, we saw that trend accelerate, […]
John Stepek

Novelty ETFs are dead, liquidation data shows

18th January 2019

A lot of people talk about the expansion of the ETF industry. But an aspect that gets less attention is the growing numbers of ETFs that are dying off and […]

ETF transparency and liquidity are welcome in stressed markets

by , 16th January 2019

The phenomenal rise in ETF adoption looks extraordinary. But viewed in the context of any technology upgrade – from tape to CD, from CD to MP3 – there’s nothing outstanding about […]

Why value ETFs continue to fail

by , 14th January 2019

Summary Smart beta Value ETFs are relatively homogenous Some show high exposures to other equity factors, which may represent risk Excess returns from smart beta are significantly lower than long-short […]
Nicolas Rabener