Target-date investment strategies purport to meet the two primary objectives of any retirement
savings program: maximize the real value of our nest eggs, and minimize uncertainty …

In the past 40 years, few elements of modern finance have been studied as extensively as
the value effect, in which value stocks significantly and consistently outperform growth stocks …

The glidepath approach does not maximize retirement income or reduce uncertainty about
that future income, maintains Robert Arnott , Chairman and CEO of Research Affiliates in …

… In this article, Rob Arnott and Katy Sherrerd trace the evolution of beta investing from the
launch of the Fundamental Index concept that motivated the term smart beta to the much …

• The demand for socially responsible investing strategies is growing as a means to manage
environmental, social, and governance (ESG)–related risks—which can impact longterm …

The broad business case for diversity is compelling. Research shows that cognitively diverse
groups have higher levels of collective intelligence than nondiverse groups, resulting in …

… Katrina Sherrerd of Research Affiliates credit Bogle’s decision to separate inexpensive beta
from the more-expensive quest for alpha with being perhaps the most profound disruption of …

… Sherrerd is managing director, Planning and Professional Development at CFA Institute. …
This piece provides information to FAJ readers from Katrina F. Sherrerd, CFA. …

Executive stock option plans have asymmetric payoffs that could induce managers to take
on more risk. Evidence from traded call options and stock return data supports this notion. …

… Sherrerd, Katrina F. … Peavy III, Katrina F. Sherrerd …