Is there a Bubble in Passive Investments?

Posted by Dana Funds Investment Team on Sep 19, 2019 3:46:56 PM

Michael Burry, whose firm Scion Asset Management made approximately 489% betting against the housing bubble during the Global Financial Crisis, recently made headlines again. This time, he is of the opinion that another bubble exists today, and passive investment vehicles are to blame.

“The bubble in passive investing through ETFs and index funds, as well as the trend to very large size among asset managers, has orphaned smaller value-type securities globally,” said Mr. Burry.1

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Advisors Year-End Checklist – Are You Prepared?

Posted by Dana Funds Investment Team on Sep 5, 2019 6:19:53 PM

Can you believe Labor Day is behind us? With the end of the year approaching, here is a checklist of items to keep in mind when speaking with your clients this fall:

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The Business Roundtable’s New Standard for Corporate Responsibility

Posted by David Weinstein, Portfolio Manager on Aug 29, 2019 1:33:18 PM

On Monday, August 19, 2019, the Business Roundtable, a group of chief executive officers from nearly 200 U.S. corporations, issued a statement1 proposing a new definition of the purpose of a corporation. This new vision included heightened corporate responsibilities toward employees, customers, suppliers, communities and the environment, rather than strictly looking to maximize profits and shareholder monetary value. The statement was signed by 181 CEOs including the heads of Apple, JPMorgan Chase and Amazon.

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The Value of a Disciplined Long-Term Approach

Posted by Dana Funds Investment Team on Aug 21, 2019 4:32:49 PM

Throughout this economic cycle, there have been countless events that had the potential to, and often did, send the U.S. equity markets lower. But even the effects of major developments like the downgrading of U.S. debt, Taper Tantrum, or the European Sovereign Debt Crisis — each of which had the potential to cause broader contagion — ultimately proved transitory.

The chart below illustrates the power of a long-term approach and sticking to a disciplined investment strategy.

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