News and Resources:

"Smart Beta" and "Alternative Beta" strategies provide investors with similar solutions. However, in spite of the obvious commonalities, the two actually differ in many respects,...

The CFM alternative beta program is designed to be a robust diversifier to portfolios based on traditional asset mixes and is a reflection of the...

The advent of the Federal Reserve’s recent interest rate “lift-off” and the future unwinding of other developed market central banks’ ultra-loose monetary policies prompts the...

In this note CFM present a study of trend following using two centuries of data. CFM find that trend following is a persistent market anomaly...

Much has been made recently of crisis alpha or crisis risk offset. And, in particular, of using trend following as a hedge of future downside...

Since the global financial crisis and ensuing recession, the desires — and fears — of investors have changed dramatically. Investors seem less confident and more...

Asset allocation decisions are important, but many investors find the process difficult to understand because it forces them into using a limited framework instead of...

Inflation is currently at very low levels in many countries, so it’s easy to be
complacent about it. But inflation is always a potential threat, and...

Most advisors are investment-centric. This means they're focused on growing your investments. This is not a bad thing, but it is not the only thing....

Jean L.P. Brunel, CFA, discusses the inadequacy of current tools for optimizing private client portfolios, how to understand changing client needs and risk over a...

The profession of financial planning is one that is about helping people to achieve their financial or investment GOALS – as such it is arguable...

This paper examines how well diversified funds meet real, or purchasing power-related, investment objectives. Looking back at the past we can observe periods when returns...