Investing during Times of Turbulence
Mark Kritzman, CFA

It is difficult to imagine a more challenging investment environment for wealth managers.  Nonetheless, managers should focus on fundamental principles of constructing efficient after-tax portfolios, measuring diversification in both quiet and turbulent regimes, and avoiding unnecessary costs.

Liechtenstein’s Strategy to Embrace Transparency
Christoph Bruckschweiger

Liechtenstein has experienced mounting international pressure to disclose tax information to tax authorities in other countries. As a result, it has committed to global standards of transparency and information exchange, and has in the meantime signed an information exchange agreement with the United States.

The How and Why of SRI
Bob Margolis

As wealth managers increasingly respond to client questions and requests for socially responsible investment approaches, it becomes more important to understand clients' motivations and methods to help them achieve their goals.

Questions Replace Investment "Truths": A Comment
Len Costa

Are there any investment “truths” that haven’t been shattered during the past 18 months? Diversification that was meant to smooth returns in difficult markets failed to deliver, even for wealthy investors with highly complex, multi-asset-class portfolios. Many hedge funds didn’t provide a hedge. Even supposedly “safe” investments like municipal bonds have taken investors for a wild ride.