Investors tend to either invest in passive funds or operate at the other extreme and use active strategies that select individual stocks. But there is a case to be made…
Author: Validea
Quant ETF Loses in Poorly Timed Rebalance
A $15.3 billion ETF—BlackRock’s iShares MSCI USA Momentum Factor—suffered losses due to the timing of a rebalance. This according to a recent article in Bloomberg. The BlackRock ETF reportedly “went…
Bill Miller: Insights from 2Q Market Letter
Earlier this month, Miller Value Partners founder Bill Miller shared thoughts and insights on the market in his Q2 letter to investors. Here are highlights: “The future is about probabilities…
Amplifying Momentum’s Alpha Potential
By Justin Carbonneau (@jjcarbonneau) — Momentum investing can sometimes be looked at as a more speculative type of investing since it involves buying stocks that have gone up the most,…
AQR’s Cliff Asness is Back to Defending Value
Cliff Asness, “godfather of value investing” and co-founder of AQR Capital Management, is once again defending value investing and saying that current valuation spreads between the cheapest and most expensive…