"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?
There is hope for investors seeking a robust emerging market equity strategy to complement their other equity investments.
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?
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?