…as reported in a recent Bloomberg article, which listed the top-performing hedge funds for the year. Tiger Global Management topped the list, ousting “quant powerhouse” Renaissance Technologies, the article reports,…
Search Results for: low-volatility funds
Quants Seeing Record High Correlations
…investors to crowd into “stay-at-home haven trades, turning them into extreme momentum and low-volatility bets. Meanwhile, Covid-sensitive shares are moving in the opposing direction to notch a strong negative correlation…
The Ins and Outs of SPAC
…hedge funds.” This according to a recent article in The Wall Street Journal. The article explains the trade mechanics: “Hedge funds give the SPAC money for up to two years…
Robert Shiller on the Narratives Driving the Market
…stock market. Here are some highlights from the interview: “What’s driving it has been a mystery,” says Shiller regarding the stock market’s upward climb since its March 23rd low. “It…
Where’s the Beef? Where’s the Value?
…and select the value for each metric that has half of the universe above it and half below. That becomes the median valuation for that day. Our market valuation page…
Shopping for Funds: Is Cheaper Really Better?
…favor low-cost funds.” It explains that the best managers don’t offer discounts to investors, but rather that the “market is swamped by a large number of strategies that fail to…
Renaissance Technologies’ Chairman James Simons Steps Down
…poor performance of some of the funds, “all of which are run using predictive models that the firm almost never interferes with.” Some investors are complaining that the contrasting healthy…
The Only 2021 Market Prediction You Should Not Ignore
…interest rates, the article argues, “we’re in a bit of a pickle. With an expanding economy, longer-term rates should rise from these record low levels, and the difference between short-…
The Basics of Momentum Investing
By Jack Forehand, CFA (@practicalquant) We often write about factor investing on our blog. We talk about factors like value, momentum, quality and low volatility and their practical use in the real…
Fed: Possible Win from Rising Bond Yields and Inflation Expectations
…in the economy with a lot more confidence.’ “ Philadelphia Fed President Patrick Harker weighed in: “We are looking at a long period where the fed funds rate will stay…