Crowd-based decision making might work well for guessing the number of jelly beans in a jar, but we think it can damage investment outcomes. Here's why we structure our decision making differently to avoid the herd.
Factor investing resembles the 1966 epic Spaghetti Western film, “The Good, The Bad and The Ugly", with factors having historically performed differently in various economic conditions.
2018 will probably be remembered as the year volatility returned to the market. As highlighted in our CIO's investment outlook, there are a number of tail risks on the horizon that could cause this to continue. While there is no panacea for market volatility, these four simple steps can help reduce the impact.