Factor investing
The hard labour in profiting from alternative data
Quant fund spending on fresh data will pass $7 billion by 2020, yet most attempts to use it fail
Smart beta managers face fixed-income paradox
The extension of smart beta ideas to fixed income is posing questions about how well risk factors are really understood
‘Great rotation’ highlights clash over unseen risks in factor investing
Gaps in performance of apparently similar products rekindle debate on index construction
Soft numbers: quant firms look for signals in ‘squishy’ data
Environmental, social and governance information nebulous but valuable, managers say
Factor investors wary about rush into value stocks
Buy side warned to stay diversified as quality and low-vol falls from favour
Equal risk allocation with carry, value and momentum
The authors of this paper analyze an equal-weight portfolio of global cross-asset-class risk factor exposures.
Why re-correlation matters in alternative premia investing
Understanding key risk can be difference between success and failure