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When Stock Pickers Ruled the World

When Stock Pickers Ruled the World: The Rise and Fall of the Portfolio Manager’s Golden Age There was a time when portfolio managers genuinely deserved their star status.  Today, amid the rise of low-cost index funds, algorithmic trading, and instant access to...

130 Years of Stock Market Indices

130 Years of Stock Market Indices: The Journey from 12 Stocks to Global Benchmarks On this day 130 years ago, in May 1896, Charles Dow introduced a simple yet transformative idea: he calculated the average share price of 12 industrial companies to provide a snapshot...
From Horses to ETFs

From Horses to ETFs

From Horses to ETFs: Why Better Structures Win (Quietly, Then Completely) If you had to commute into work today, there is a chance you cycled, a chance you used public transport, but most likely, you drove your own vehicle.  One thing we can say with near certainty is...
2025 The year in Review

2025 The year in Review

2025 – The Year in Review The ETF Industry is set for a record year as measured by net flows.  As we see this segment of the market continue its popularity we look have provided this handy guide on what happened in the year. The ETF industry has grown to around...
Alternatives to Cash

Alternatives to Cash

Alternatives to Cash Market Context & Investor Challenges Many clients today hesitate to invest due to market volatility and keep excess cash on hand. But with interest rates now meaningfully higher than in recent years, holding cash no longer means settling for...
The difficulty of remaining on top

The difficulty of remaining on top

The Difficulty of Remaining on Top S&P Dow Jones Indices are market leaders in research and most people will be familiar with their SPIVA Scorecards which they release twice a year.  SPIVA is an acronym for S&P Indices versus Active and the scorecard measures...