As we move forward into 2021, we believe we are on the precipice of monumental change. For years, the average stock in the S&P 500 has done little, while the largest stocks in the indices have driven returns. A significant rotation is taking place, as we’ve recently begun to see

Last month we launched our inaugural Institutional Perspectives piece, entitled “Winning the Game”. Since publication, there have been some timely updates made to the research cited, impacting a number of the key points presented in the article, while also making us look rather prescient in our views and in our

For more than a decade, indexed-based mutual funds and ETFs have been dramatically capturing market share at the expense of actively managed funds. Financial advisors, money managers, individual investors, and 401k participants en masse have perpetuated this trend without fully grasping their role, let alone the implications. The day of