Rout

February 1, 2019 Mutual Funds No Comments

The Latest Victim of 2018’s Stock Rout Is the World’s Largest Pension Fund

The Latest Victim of 2018’s Stock Rout Is the World’s Largest Pension Fund The world’s largest pension fund may have incurred a record loss after a global equity rout last quarter pummeled an asset class that made up about half of its investments. Total assets at Japan’s Gov… Continue reading at bloomberg.com Liquid Stock Launches […]

May 20, 2017 Headlines No Comments

Why the Rout in Retail Shouldn’t Be a Big Worry for U.S. Economy

Why the Rout in Retail Shouldn’t Be a Big Worry for U.S. Economy Even with the “eye-catching headlines about store closings” and other recent … And the American shopper, the pillar of the household spending-driven economy, remains on solid ground amid robust job growth, improving finances, and low borrowing … Continue reading at bloomberg.com Nigeria […]

March 15, 2016 Dividends No Comments

Mining rout hits FTSE as Antofagasta scraps dividend

Mining rout hits FTSE as Antofagasta scraps dividend Mining stocks have tumbled after copper producer Antofagasta (ANTO) cancelled its final dividend following a 58% slide in profits. Shares in the miner tumbled 8.4% to 492.6p, while rival miners were also dragged to the bottom of the FTSE 100, which fell 39 … Continue reading at […]

November 18, 2015 Canadian No Comments

Canadian Stocks Fall, Resume Slide as Commodity Rout Deepens

Canadian Stocks Fall, Resume Slide as Commodity Rout Deepens The rally in Canadian stocks Monday was short-lived, as the selloff in equities resumed amid a slide in commodities prices. A day after halting the longest slide in more than a decade, Canadian equities reversed early gains to end the session lower. Continue reading at bloomberg.com […]

Micromanagement angels are individuals who have exerted their own efforts in order to become wealthy. Because of their experience, they believe that they know exactly how a business should be managed. Although they are not active participants in management, they can be very visible when the management of the business starts to have problems and is not doing well.

Performance will vary. Fund performance often falls off and risk levels rise during the subsequent three years after a fund is given an initial five-star Morningstar rating, suggests another recent study by Matthew Morey, a professor at Pace University. One reason for this is that after receiving a five-star rating the size of the fund grows dramatically, which then makes the fund unwieldy to manage, he suggests. Since Morey's study was completed, Morningstar also has changed the way it doles out top rankings to make them more precise. One of the biggest problems with all rating systems is that they are not necessarily predictive in nature. This means they're not really set up to tell you whether certain funds will necessarily do better in the future. For the most part, the ratings indicate how much you might have made and how much aggravation you faced in the process.

In some cases, in fact, it's not even the same fund to begin with. Remember, after a management change, the rating stays with the fund, not the portfolio manager. Therefore, a fund's rating might be based almost entirely on the track record of a manager who is no longer with the fund.