The week of 13-17 October saw a marked rise in volatility across financial markets, price declines on a wide range of risk assets and investor flight into safe havens such as US Treasuries and German bunds.
The recent cheapening of commodities could benefit India – a net commodity importer – as it offsets inflationary pressures, reduces its current account and fiscal deficits and supports growth.
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.
In this video, Skander Chabbi tells us how a global approach to convertibles allows investors to gain exposure to interesting […]
After slowing for the last three years, GDP growth in India accelerated to 5.7% year-on-year by the end of Q2 2014, marking its fastest pace in 10 quarters.
On the 16-17 September 2014, the FOMC held their monthly meeting. Steven Friedman reviews the FOMC minutes.
In a crowded, complex investment world, it’s not easy to find hidden gems that can provide real diversification benefits and an attractive yield. Yet for five solid reasons, we believe, Chinese renminbi bonds could be just what you’ve been looking for.
Overview from the latest Axioma Quant Forum in London on 24 September 2014
Investors tend to give too much attention to short-term relative performance figures. As a solution to this, the amLeague organises a paper trading game where managers play as if they were managing a real portfolio.
Risk parity strategies have been great for the last 20 years, profiting from the fall in interest rates and the capital gains it’s generated while avoiding the poor performance of equities. The question now is whether it still makes sense with interest rates having fallen to zero?
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…
The present situation of low interest rates for a “considerable time” creates pressure for both long-term investors and asset managers. Denial or frustration a zero-yield world is still widespread in our industry, however we are starting to see a period of ‘experimentation’.
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.
On 18 September, residents of Scotland will be asked, ‘Should Scotland be an independent country?’ Here’s a short overview of the Scottish referendum.
India’s GDP growth for the first quarter (April-June) of the country’s fiscal year 2014-15 surprised positively at 5.7%, compared to 4.6% in the previous quarter.
The constraints of the zero lower bound means developed economies may be confronted with the prospect of a future of chronically weak demand and slow economic growth
China issued reform guidelines in July relating to its decade-old household registration (or hu kou) system.