Index-Hugging Bond ETFs May Not Be Ideal for Investors

Index-Hugging Bond ETFs May Not Be Ideal for Investors

“When I say these and other total return bond funds have lost their “charter”, I’m asserting that almost all of these funds have in the last five years become quasi “index funds”. And since most adhere to indices with six year and longer durations*, their performance...
Four Macro Trends Every Advisor Needs to Know

Four Macro Trends Every Advisor Needs to Know

In the past three years, financial markets have faced unprecedented challenges ranging from the worst pandemic in 100 years, the biggest armed conflict in Europe since World War II, the largest drawdown in bonds ever, and the highest inflation in more than 40 years....
What Fed Policy Means for the Markets

What Fed Policy Means for the Markets

Build CIO, Matt Dines, CFA, was a guest on the Gaining Perspective podcast, discussing his three takeaways from the Fed rate hike announced in March 2022. Episode summary: As expected, on March 16, the Fed signaled its intention to hike the Fed Funds rate by 25bps. My...