Factor Investing
Commemorating Warren Buffett’s legacy and the Financial Analysts Journal’s 80th Anniversary through the lens of the award-winning article, “Buffett’s Alpha.”
These research results should give investors greater confidence in the robustness of factor premiums, reinforcing their utility in crafting effective investment strategies.
Don't ignore serial dependencies in your factor portfolio.
Here's a weighting scheme to mitigate economic risks while preserving the benefits of diversified multi-factor strategies.
Smart rebalancing rules help portfolio managers capture more of the return that is inherent in their factor strategies. Concentrating on “priority best” trading improves factor portfolio performance.
How can investors assess climate transition risk in their portfolios?
Will the low-volatility premium continue to be the best-kept secret in financial markets?
"It is possible to construct equity portfolios that possess out of sample exposure that facilitate more precise targeting of levels of macroeconomic risk exposure."
Not all low volatility strategies are created equal. Many lack the diversification and risk control needed to guard against concentration and macro risk.
What are the most popular top five articles of 2023 published under the Capital Markets theme by the CFA Institute Research and Policy Center?