Bowen, Hanes & Co., which oversees the pensions of Tampa police and firefighters, outdid the index by an annualized 2 percentage points with the equity portion of its portfolio.
For the annual rebalance of Hennessy Cornerstone Mid Cap Fund, its overseers turn to a formula. The strategy has outpaced the S&P 500 for more than two decades.
Teams at startups, universities, government labs, and companies like IBM are racing to build computers that could potentially solve some problems that are now intractable.
In its 2015 Annual Guide, Bloomberg Markets spoke with six investors and strategists on what they’re expecting from various sectors of the financial markets next year.