President of the ECB, Mario Draghi, urges markets to ‘get used to periods of increased volatility’ following data posted suggesting economic recovery.
Active management leaves a unique fingerprint on portfolio returns. The return contribution of security selection and market timing – commonly […]
The idea that outperformance comes more easily to a fund manager managing portfolios with a larger Active Share is in […]
What’s hot: a report from our men at the Joint Spring Seminar with Inquire UK at the Coombe Abbey Hotel […]
Sector-neutral, low-risk equity strategies can efficiently generate alpha while reducing exposure to defensive sectors and thus the interest rate exposure
The volatility of asset class returns is not constant over time. Similarly, traditional strategies aiming to capture factor premia also show variable volatility over time. Constant volatility approaches can be successful ways to exploit these anomalies, also when applied to factor investing.
Overview from the latest Axioma Quant Forum in London on 24 September 2014
During the summer, we created a quiz to work out which of the four main alpha quant factors suits each individuals personality best. Being quants, we could not resist the temptation to analyse the results…
Highlighting the importance of combining the four cardinal virtues of Plato in relation to the four main long-term factors of equity outperformance, rather than “timing” them.
Many investors became accustomed to earning attractive returns with hardly any risk from investing in money markets, but with interest rates now lingering near all-time lows, they have little choice but to take more risk to earn anything like an appealing yield.
An overview of what was presented and discussed at the Nomura Global Conference in London on 8 May 2014.
A new paper by the Financial Engineering team shows how simple strategies based on astute risk management can generate additional returns for investors.
A strategy focusing on reduced exposure to potential swings.
The attributes of emerging markets’ have long been recognised in the form of abundant economic literature on the subject.
Etienne Vincent, head of quantitative management at THEAM, explains the similarities between the four main recurring sources of outperformance in equity markets and the four cardinal virtues identified by Plato in his philosophical works
Portfolios of multiple Smart Beta indices can be replaced by more efficient robust portfolios with targeted factor exposures.