Jeff DeMaso

515 posts

Weekly Brief

WEEKLY BRIEF | Perspective in a Noisy Market

Pullbacks in perspective | Vanguard delays target-maturity bond ETFs (again) | Supplemental distribution estimates

| 6 min read
IVA Research

Vanguard’s Target-Maturity Bond ETFs: Useful Tools, Limited Uses

Low fees and a familiar playbook could help Vanguard win assets—but these funds solve specific problems and won’t replace traditional bond funds.

| 6 min read
Weekly Brief

Another War, Another Market Test

War tests investors | PRIMECAP’s Joel Fried is retiring | Supplemental distributions coming | Vanguard settles Texas lawsuit

| 5 min read
Quick Take

PRIMECAP’s Next Generation

Joel Fried’s retirement brings the firm’s generational handoff into focus—but PRIMECAP’s unusual structure may give it an edge.

| 3 min read
IVA Research

Should You Tilt Foreign Stocks Toward Growth or Value?

A new pair of international ETFs revives an old debate: growth, value—or neither?

| 8 min read
Monthly Recap

Same Market, New Winners

MARCH 2026 | Diversification earns its keep, war erupts in the Middle East, and Vanguard settles. Plus, IVA Portfolio notes, Distributions Ahead, the IVA Factor Tracker and a roundup of articles and analysis from the past month.

| 13 min read