To Hedge or not to Hedge? Currency risk in foreign stocks

By Norm Miller, Senior Investment Counselor  Total returns from foreign and emerging equity markets are comprised of both a local return and a currency return (converting foreign currency back to the US dollar). The currency return component may be positive or...

BABA BILLIONS! Are IPOs a Sure Thing?

By Matt Dundas & Thomas Connelly Chinese e-commerce giant Alibaba Group (NYSE: BABA) made its explosive Wall Street debut on September 19th, as shares of the firm were sold to public investors for the first time ever in an initial public offering (IPO). The...

Study Supports Long-Term Stock Investing

Index mutual funds and exchange­ traded funds capture more investment dollars every year as the theory of passive investing gains adherents. The advocates of this approach contend that actively searching for the best companies adds costs but little value-so why not...