ETF – NOT JUST ANOTHER ACRONYM
ETF stands for Exchange-Traded Fund, and since its introduction (to the markets in late 1990’s and to Nottingham Advisor’s clients shortly thereafter) it has become the choice vehicle for investors seeking index-based diversification, flexibility and low cost. Read more in our August 2008.
 
KEEPING PERSPECTIVE (Part 2)
Bear markets have a tendency to test even the most experienced and seasoned of investment managers. Very few professions involve a real-time scorecard like the investment business. If the Dow Jones Industrial Average is trending higher, portfolio managers must be doing their job well. Read more in our Perspective July 2008.

KEEPING PERSPECTIVE
Amid all the bank losses, hedge fund failures, rising gas prices, stagflation forecasts and general hand-ringing going on, let’s take a look at what happened to companies in the S&P 500 during the first quarter. Read more in our Perspective June 2008.

CFA Institute’s Annual Conference
Things learned, discovered and reminded of over the course of this 4-day investment conference. Read more in our Portfolio Strategy Update.

A slowing economy….and rising costs….stagflation?
Recently released economic data show the economy expanding at just a .6% annual rate. The classic definition of a recession is two consecutive quarters of negative real economic growth. Read more in our Portfolio Strategy Update.

WHAT LIES AHEAD FOR 2008
While Shakespeare was writing about life and death and not the world of portfolio management, I found Hamlet’s famous soliloquy a somewhat apt metaphor, as I considered the current state of the investment world here at year-end. Read more in our Portfolio Strategy Update.

The Fear of the Unknown and The Return of Volatility
Remember back to when you were a child and you were finally old enough to ride the big rollercoaster at the amusement park? You jumped on board with a parent, filled with excitement and anticipation, only to find yourself seconds later filled with dread and wanting to get off as the coaster slowly climbed the first big hill. Read more in our Third Quarter Update.

THE PAINFUL RE-PRICING OF RISK
In our last note to clients, we discussed the mounting risks building in the global financial system. No sooner had we sent along that message when these risks shifted from potential to actual. Read more in our Mid-Summer Update.