Regulation states that fund managers must not mislead clients. While prescribed scales exist for risk, analysis shows inconsistent application.

Douglas Isles | 0.50 CE

Behaviour biases determine that performance drives managed fund flows. By examining managed fund transactions, we can confirm that investment adviser engagement with investors is critical, and ascribe a value to it.

Douglas Isles | 0.25 CE

Stars are celebrated yet funds management is a team pursuit. Behavioural finance tends to focus on individuals' biases, but teams' behaviour determines results.

Douglas Isles | 0.50 CE

This paper studies the long-term returns of US equities to determine whether earnings yield is a reasonably reliable estimate of forward real returns. Understanding the interplay of growth, value and yield provides a framework for assessing investments.

Douglas Isles

Practitioners demand a trifecta from fund managers - performance, simplicity, connection. But many great investments are contrarian and uncomfortable.

Douglas Isles | 0.25 CE

Clients benefit from understanding the investment journey. Having prepared responses to scenarios improves the chance of success.

Douglas Isles | 0.25 CE

Clients benefit from understanding the investment journey. Having prepared responses to scenarios improves the chance of success.

Douglas Isles | 2 comments | 0.25 CE

Four common behavioural problems make the journey of investing particularly challenging for many investors. An understanding of each help investors stay the course and meet their goals.

Douglas Isles