Factor Investing
The 4×4 Asset Allocation philosophy approaches every asset or strategy based on how it contributes to — or detracts from — Growth, Income, Preservation, and Liquidity. So, what does a goal-based approach to equity factors actually look like from this perspective?
Equity portfolios constructed using bond momentum signals may outperform their traditional equity price momentum counterparts.
Can we retain the benefits and economically sound basis of a factor approach to equity investing while more closely aligning a factor portfolio’s performance to a cap-weighted benchmark?
The relative outperformance of equity risk factors was one of 2022's rare bright spots.
The size factor contributes to portfolio diversification and risk control.
Passive ESG investing has become increasingly active. It’s time for a rethink.
By combining Profitability and Conservatism, we can reduce a portfolio's downside risk and enhance its risk-adjusted returns over the long run.
How do stocks -- specifically sectors and factors -- perform during times of war?
How does skewness in returns relate to other factors in asset pricing?
Outperformance and alpha are not exactly the same thing. So, how do we explain the difference?