Momentum investing - both buying past winners and selling past losers - did stunningly well in the third quarter
Chris uses pure momentum mechanics to work out the constituents of his six Benchmark portfolios which include those with the highest beta, highest dividend yields and the best and worst momentum stocks in the past 12 months. Chris updates his selection every three months, giving followers of such strategies the opportunity to rebalance their portfolios.
Momentum investing did badly in the second quarter - but value and defensive stocks beat the market.
The good performance of a few large stocks has caused otherwise good stock-picking strategies to under-perform the market.
Our simple no-thought portfolios have had a bad few months. But this strengthens the case for passive investing rather than judgment-based stock-picking
A collection of value shares selected using Ben Graham's investing ideas
A portfolio of instruments designed to capture the rise of emerging markets
A collection of high-yielding shares that's beaten the market since 1998
A portfolio of investment trusts designed to generate growth and income
Our columnist describes how he manages his pension fund and what he puts in it