For a variety of reasons, long-term individual and institutional returns indicate a failure to capture risk premium over time.  We believe this is a major contributor to the individual retirement and pension fund funding crises. High Probability Investing Are you just another gambler

Following the 2008 market decline, investors have been all too eager to replace equity exposure in their portfolios with non-equity exposure. Having lived through losing 50% of their equity values twice in a ten year period, many have decided that they have too much equity exposure in

With the completion of the first half of 2013, where are the investment opportunities? At The Headlands Group, we ask “What are the undervalued markets and asset classes?”  Among equity markets, the most attractive individual markets are in Europe and Japan, while the least attractive

  Where are the opportunities? – Effect of Valuation on Expected Returns   The chart illustrates the effect of current valuation on expected return over the next five years. Buying undervalued assets results in positive valuation returns.Buying overvalued assets result

  “It is now more than 30 years since the 401(k)/Individual Retirement Account model appeared on the scene. This do-it-yourself pension system has failed. It has failed because it expects individuals without investment expertise to reap the same results as professional investors