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Trustees must avoid following advice explanation of LDI strategy usage

Every so often, the relatively sedate world of defined benefit (DB) pensions is propelled up the political and media agenda, out of the trade publications and business sections, and onto the front pages of national newspapers.

Bancroft® Delivers A Better Experience for Those Living with Autism and Other Neurological Disabilities and Its Staff Using RingCentral® Cloud Communications Solutions

Bancroft® Delivers A Better Experience for Those Living with Autism and Other Neurological Disabilities and Its Staff Using RingCentral® Cloud Communications Solutions
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Construction Nears Completion at Newark Urby, 155 Washington Street, in Newark, New Jersey

Making Sense of the 2020 Performance Scoreboards

Making Sense of the 2020 Performance Scoreboards TheStreet 12/23/2020 © TheStreet Making Sense of the 2020 Performance Scoreboards Buyer beware: The 2020 performance scoreboards that will soon dominate the financial media are next to worthless as a basis for picking an adviser. That s because short-term performance including calendar-year returns are almost completely statistical noise. A strategy of following last year s top performer is a recipe for losing a lot of money. Consider a hypothetical portfolio that, each Jan. 1, began following the advice of the investment newsletter at the top of the Hulbert Financial Digest s performance scoreboard for the prior calendar year. Over the past three decades this portfolio was almost a complete wipeout producing an annualized return of minus 16.7%.

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