A strategy used by institutional investors to preserve capital is now easily available to individuals via retail funds. But do they perform as advertised?
It may not be a disadvantage to simply forgo an allocation to larger companies and focus on the right 'hand-picked' small-cap exposure to capture excess market returns
Investors are loss averse, meaning they put more weight on losses than gains when they consider risky prospects, said Daniel Kahneman, Princeton University professor, at the IMCA 2015 New York Consultants Conference. So how much are investors wil...