…adding a new factor based on the behavior of companies with high levels of investment.” The firm’s head of research, Savina Rizova and co-author Namiko Saito published new research that…
Search Results for: factor
Prepare for Long Period of Low Returns
…as useful as currently thought.” Add factor tilts: AQR research points to evidence of style premia, “and not necessarily just for long-only equity portfolios. In fact, long-short multi-asset portfolios show…
If You Think You're Diversified, Think Again
…sensitive to the bond market’s moves.” The lack of factor diversity is potentially harmful to investors, the article explains, because factor components tend to be fluid: “When multiple factors are…
Five Questions: The Man Who Solved the Market with Gregory Zuckerman
…works. In factor investing, one of the first things you learn is that for a factor to work going forward, it should have some kind of economic basis or reason…
A “Protective” Alternative to the 60/40 Portfolio
…you would screen the universe based on your relative momentum factor and buy the stocks in the top 10. Relative strength is the most common relative momentum indicator. The Asset…
A Framework to Evaluate Value Strategies
…Stocks $36 billion $7.7 billion VLUE iShares Edge MSCI USA Value Factor ETF Small and Mid-Cap Stocks $101 billion $15 billion VFVA Vanguard US Value Factor ETF All Stocks $35…
Dividends Can Help When Value Trails Growth
…the only factor to consider.” It cites comments from T. Rowe Price Dividend Growth fund Tom Huber, who warns investors to be mindful of sectors before “diving in to add…
Mark Mobius: No Recession and Trump in 2020
…factor. Mobius also expects the Fed to continue lowering interest rates: “You can’t have a situation where Europe moves into negative rates, China lowers its rates, Japan continues what they…
Factor Portfolio Returns and Implementation Costs
…“criteria that should be met before you consider investing in a factor.” Besides demonstrating higher returns, he says a factor must be: Persistent, with returns holding over time and across…
Stock-Fund Performance Predictor is Powerful
…stock funds—and will release its findings in upcoming articles. Note: the article explained that the study’s calculations were based on the Carhart Four Factor Model, which adjusts for investment style….