Mutual fund inflows are concentrated at the narrow tip of the most recent top-ranked performers. In the long-term, of course, that is not a winning strategy. There are other metrics to assess a fund’s likely future performance.
The opportunity for “differentiation” in financial services may mean simply moving beyond the clichés that dominate so much of the industry’s marketing.
A steepening yield curve is giving a boost to some exchange traded products that are geared to benefit. But is it possible to build a cheaper alternative?
