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Is Bond Alpha As Good As It Looks?

Posted on December 18, 2019December 18, 2019 by Diversify and Conquer

The case for indexing equity portfolios has been thoroughly established in the financial literature and, more importantly, in real-world results. The merits of indexing with respect to fixed income investing, by contrast, is more of a gray area. A recent study by AQR finds that bond fund managers aren’t generating Continue Reading

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