Logica's Michael Green on Bloomberg's Odd Lots Podcast:
Why The Rise of Passive Investing Might Be Distorting The Market
Over the last decade or so, we've seen an incredible rise in so-called passive investing. While definitions differ over what this means, we've seen more and more money poured into index funds (which own every stock in a given basket). Meanwhile, money has been yanked away from money managers who attempt to select individual stocks. One school of thought argues that this is a positive, in part due to lower fees. But is there a dark side?
Logica's Wayne Himelsein - Preparing for the Return of Market Volatility
Wayne Himelsein explains why he believes that markets are not prepared for a likely “phase shift” from a low volatility world to one where volatility is dramatically more pronounced for an extended period of time.