Periodically adjusting asset allocations based on expected returns of different asset classes can generate better returns than traditional target date funds, according to back testing completed by Grantham, May, van Otterloo. So reports MarketWatch.
Impact investors, or those investors seeking to invest in a socially responsible manner, don’t have to sacrifice returns to stay true to their calling, according to a new Wharton School study. So reports ThinkAdvisor.
Investors younger than 40 ramped up stock purchases on August 24 when the market tanked 1,000 points at the open, according to Robinhood, which is a stock trading app that is frequently used by Millennials. So reports CNN Money.
At one point in late August, the S&P 500 index was down 12.4% from its May high as investors panicked over concerns that China’s devaluation of its currency may be a sign the country’s economic growth is slowing more than commonly believed.
May and June have been tough months for Bill Gross and his Janus Global Unconstrained Bond Fund with investors withdrawing $50 million from the portfolio during the period, according to Morningstar. So reports the Los Angeles Times.