The strategy’s alpha cannot be “dismissed as another manifestation of the value effect,” says Robeco Asset Management’s top quant. Headlines
Valuations are still a concern for GPs but managers expect to put more of their dry powder to work in 2016.Headlines
A former portfolio manager claims he was fired for blowing the whistle on “crazy” and “irresponsible” investments.Headlines
The bank admitted to securitizing mortgage loans with full knowledge of their “material defects.”Headlines
A former minister in the Indian government will lead the investment operations of the Asian Infrastructure Investment Bank.Headlines
Returns before fees from PE-style stocks beat the real thing in a Harvard study—but expect a wild ride.
The rule-based momentum strategy is a tried-and-true source of returns, argues Elm Partners.
Photo Feature Headlines
Spoiler: Most of those holiday cards don’t even get opened.
Factor investing will only get bigger in the next couple of years, a survey suggests.Scene + Heard
The winnings: $1.5 billion. The investment mandate: Whatever you want.