Robert Haugen, who discovered the low-volatility anomaly in 1972, wrote numerous articles and books to try to popularise what he […]
Momentum is unloved: being a good follower is rarely seen as a strength, and few asset managers would brag about […]
Quality is positive: it is about good companies that are efficient at managing their businesses profitably, creating shareholder value and […]
Value is obvious: ‘buy cheap and sell expensive’ is probably the first piece of received market wisdom that any investor […]
A Chinese portrait is a metaphorical description of something or somebody via a comparison with various things or elements, an […]
Low-carbon investing is gaining ground, not just as an en-vogue trend, but also for solid economic reasons. It is part […]
Over the last few years, interest among investors in indexation has driven asset managers to develop new forms of indexation […]
Smart beta has become a well-known investment concept in the asset management industry. Such factor-based investment techniques were firstly applied […]
Here are four major neglected findings of modern finance. They have been proven effective in improving risk-adjusted investment returns, based […]
One of the great features of factor investing is that it can be adapted flexibly to a variety of investment […]
In recent years, value stocks have underperformed the broader equity market. This included value-focused portfolios such as Warren Buffett’s Berkshire […]
Equity low-volatility strategies have largely outperformed* their market capitalisation benchmarks in the turbulent times for stock markets since the start […]
Uber has become one symbol of the way new technologies can rapidly transform a long established business, creating simultaneously chaos […]
Smart beta investing remains a hot topic in our industry’s forums, conferences and specialist journals. However, what began as a […]
Please note that this article may contain technical language. For this reason, it is not recommended to readers without professional […]
Bruno Crinon explains how he sees foreign exchange markets as inefficient by nature, stating that systematic strategies can exploit these inefficiences.
Explaining when and why target-volatility strategies generate higher risk-adjusted returns than buy and hold strategies.
Behavioural psychology studies are doubting whether portfolio manager with their own skills, analysing market environments can outperform simple algorithms.