New research has shown that a more effective way to profit from the momentum effect is to buy the “hottest” factors rather than the best-performing stocks. This according to a…
10 Characteristics of Top-Performing Investment Teams
A recent article in CFA Institute outlines the findings of a research project by Focus Consulting Group intended to identify the common attributes of high-performing investment teams. The study—which consisted…
It's Time to Protect Stock Profits, Says $338 Billion Manager
Deutsche Bank Wealth Management ($338 billion AUM) has cut equities from 50% to about 40% of its portfolio and expects that trend to gain momentum in the second half of…
Is Any Hope for Value Investing Postponed?
The “horrible” performance of value stocks over the past twelve years begs the question of whether the strategy can still work, according to a recent article inThe Wall Street Journal.…
Top Forecast Says Ruble Rally Headed for Crash
The Bank of Russia’s move toward monetary easing will lead to the ruble sinking by about 9% against the dollar by the end of the year, says the analyst who…
Computer Models Won't Outperform Market Any Time Soon
Although the quest to beat the market with computer models has “absorbed the talents of some of the brightest graduates of math and computer science programs,” a recent article in…
Cliff Asness Explains Why Perseverance & Forbearance Are Needed
In a recent note to clients, AQR’s founder Cliff Asness asked for perseverance and forbearance as the firm slogs through a rough patch. This according to an article in Institutional…
Stocks and Bonds Rising in Sync for Now
A 60/40 mix of U.S. stocks and bonds generated a 13.6% return through the first six months of this year, “the best start for this portfolio since the first half…
Hedge-Fund Exposure Signals Caution for Equities
A boost in exposure to U.S. stocks by trend-following hedge funds may be signaling a decline is in the offing. This according to a recent article in Bloomberg. The article…
This Value Investor Sees a Comeback in the Offing
Atlantic Investment Management founder Alexander Roepers thinks things are about to change for value investors, according to a recent article in Institutional Investor. In a report published last month on…