Drivers of Value
A reduction of the ECB's balance sheet and a serious effort to achieve positive real interest rates will be key to ensuring a turnaround in the fortunes of the EUR/USD.
"There’s one aspect of MMT that I have some sympathy for: the notion that what we spend money on is far more important than how we finance it." — Cliff Asness
The importance of ESG factors has been accelerated by the COVID-19 pandemic, making George Serafeim's book essential reading.
"Has the hedge property overtaken the investment property of fixed-income assets?"
ESG factors are even more important to global asset managers today than they were a year ago, according to the latest Index Industry Association (IIA) survey.
The pitta bird is a rare sight in tropical forests, even to the trained eyes of birdwatchers. Yet there she was, perched on the window of my condo, in a busy metropolis.
Jim Cullen presents the value strategy and explains how to apply it in any type of market.
“How many here think the next 10-year equity returns are going to be below the long-run average? I certainly do. Is there anyone here who doesn’t?”
How can you determine what machine learning approach to apply?
Outperformance and alpha are not exactly the same thing. So, how do we explain the difference?