How Can Trustees Be Prudently Passive?

It’s not enough to follow someone’s advice to invest in index funds. Actual passivity contradicts the trustee’s duty to act as a prudent fiduciary. Passive investment products are potentially as complex as any other, and prudence demands careful evaluation.
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Say It Ain’t So, Joe – Again

For many of us who have been in the industry for many years, the idea that so-called passive investing outperforms is hard to take.
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Can I Do Better?

Does “more institutional” with more “alternatives, ” such as hedge funds, mean better? I don’t think so.
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Are Hedge Funds Prudent for Taxable Investors?

When you put fees and taxes together, you get a sense of just how skilled a hedge fund manager has to be to generate meaningful returns for a taxable investor.
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What Would Yale Do If It Was Taxable?

Invest in index funds.
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Is Trying to Pick Active Managers a Loser’s Game?

Simple solutions outperform many complex strategies without compromising simplicity, transparency, or peace of mind®.
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