Seeking a Smooth Ride (.pdf)

Four ways to scan for volatility in the mutual fund universe.

Editor’s Note: this is one article in the entire August issue of Fidelity Outlook, which is a .pdf document. So, you will have to scroll down to page 8 (page 6 of the magazine) to read it.

Governance Mechanisms and Equity Prices (.pdf)

Internal and external monitoring have a strong complementary (synergistic) effect. That is the finding of Cremers and Nair who show that firms with both strong internal as well as external controls tend to outperform firms without the strong controls. To test this, the authors construct various portfolios and find that those firms who measure high on both categories outperform others in the sample. … [ Read more ]

A wholesale shift in European groceries

European grocers could satisfy their appetite for growth-if they knew where to look.