QE vs. Factor Investing
Quantitative easing and monetary policy are likely the only real factors driving your portfolio, GAM managers argue.
Asset Allocation
Rhode Island Halves Hedge Fund Allocation
The state pension aims to reallocate towards low-cost passive funds in a bid to cut costs and boost returns.
How Short-Term Noise Affects Risk Taking
Fewer updates on price movements leads to riskier investments and higher returns, research shows.
Preqin: Private Debt Becoming ‘Fixture’ in Portfolios
More than two-thirds of surveyed investors planned to grow their allocations to the asset class over the long term.
Credit Downgrades and How to Beat Them
There is far less top-quality fixed income around—and investors need to adapt, argues Loomis Sayles.
The Case for Active Trading
Skilled investors at smaller funds can overcome transaction costs to earn high returns, researchers argue.
Low-Volatility Strategies’ Hidden Risks
The outperformance of the popular smart beta strategy may be hiding a correlation to fixed income, researchers argue.
What Big Data Says About ESG
The Environment Agency Pension Fund uses data science to prove the merits of environmental, social, and governance investing.
Winners in a Post-Brexit World
Two months on from the landmark referendum result, what can investors take from the reaction of investment markets?
The Value Investing Disconnect
Recent performance has investors wrongly biased against value investing, argues Research Affiliates.
Largest Investors ‘Dominate’ Infrastructure Market
The so-called “$1 billion club” exerts disproportionate influence and capital, according to Preqin.
Are E&F Investors Abandoning Hedge Funds?
Endowments and foundations are the latest investor group to put pressure on the traditional hedge fund model.
GMO: Now is the Time for Hedge Funds
Recent poor performance should be recognized as a signal of better days to come, not a reason to divest, argues Ben Inker.
Transaction Costs: The Cause of Crowding?
A researcher argues trading costs do not lead portfolio managers to make similar investments—but in fact help them to differentiate.
The Magic Number in Private Investments
An allocation of 15% or more to private assets can be the difference between outperformance and negative returns, argues Cambridge Associates.