Hedge Funds Are Back – Can Allocators Get Hedge Fund Alpha in an ETF?
Heading into 2021, advisors face numerous headwinds: a potential return of inflation, sky high equity prices, possible negative returns on bonds. Yet advisors with retail clients have few good options to protect against these risks, and many that embraced alternative mutual funds and ETFs have been disappointed with low returns, high fees and large drawdowns.
The questions advisors are asking today is:
How can retail investors gain exposure to leading hedge funds yet with the client-friendly features of an ETF? Given the difficulties for many hedge funds in the 2010s, will hedge funds will return to the Golden Age of the 2000s, when they generated alpha through two bear markets?
New Year, New Reasons to Diversify with Precious Metals
While the COVID-19 pandemic presented unprecedented challenges around the world in 2020, there are hopes that 2021 will see an economic recovery as businesses adjust to the new normal. With the dollar continuing to weaken and uncertainty surrounding the ultimate outcome of the fight against this virus, investors are focusing on precious metals as a potential investment solution. In this webcast, Steve Dunn, CIMA®, Head of Exchange Traded Funds, and Stan Kiang, Director of Strategic Accounts, will speak on behalf of Aberdeen Standard Investments to review the performance of Precious Metals in 2020 and provide an outlook for the new year. They will also explain why we believe precious metals are a critical component of a well-diversified investment portfolio. This webinar will discuss current events in this corner of the financial markets and layout the fundamentals underlying the need for a longer-term, strategic allocation. This webcast is eligible for Continuing Education (CE) Credit.
Signal and Bitcoin: Twenty-First Century Tools of Personal and Economic Freedom
Founding Father Benjamin Franklin said it best: “They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” In this light, what are we to make of Trump’s social media suspension?
S&P 500 Snapshot: End of Week Decline, But Just 1.5% Off Record High
The S&P 500 spent the second week of 2021 hovering around a 45 point range only to drop on open Friday. Despite this drop, the index is still above where it began the year and is only 1.48% off its record high. The index is up 0.32% YTD.
Gundlach’s Forecast for 2021 – The Year of Regime Change
In his forecast for 2021, Jeffrey Gundlach predicted a “regime change.” Investors should prepare for themes that reverse prior trends: U.S. equities will underperform the rest of the world, inflation will rise, volatility will be higher, and the dollar will weaken.
An Analysis of SPACs and What to Look for in 2021
With a record high number of SPAC IPOs and the success of some well-documented investments with triple digit returns, investors and advisors might be interested in evaluating a potential allocation to their portfolios. In this article I focus on a few basic criteria of the best-performing SPACs and tips on how to perform your own analysis.
World Markets Update: January 11, 2021
All eight indexes on our world watch list posted gains through the first full two business weeks of the year (YTD through January 11, 2021). The top performer is London's FTSE 100 with a gain of 5.23% India's BSE SENSEX is in second is with a gain of 3.18% and Tokyo's Nikkei 225 is in third with a gain of 2.53%. Coming in last is our own S&P 500 with a gain of 1.16%.
Something of Value
The dichotomy of “value” and “growth” investing has become a sharp stylistic divide. But is it helpful? Howard Marks writes in his latest memo how he views the art and science of value investing, especially in the increasingly efficient and complex world we face today.
ETF 2021 Outlook: Watch out for International Equity and Active ETFs
Most people are probably happy to waive goodbye to 2020 amid the COVID-19 pandemic, which played out in ways few could have possibly predicted. David Mann, our Head of Global Exchange-Traded Funds (ETFs) Capital Markets, isn’t going to make predictions about vaccines, mask-wearing or other such matters, but does offer his insights on ETF industry trends he sees taking shape.
The Latest Look at the Total Return Roller Coaster
Here's an interesting set of charts that will especially resonate with those of us who follow economic and market cycles. Imagine that five years ago you invested $10,000 in the S&P 500. How much would it be worth today, with dividends reinvested but adjusted for inflation? The purchasing power of your investment has increased to $18,635 for an annualized real return of 12.51%.