Risk-On/Risk-Off and the Schrödinger Quadrant

The stock market’s version of the Ellsberg paradox states that investors exhibit ambiguity aversion, in the sense that they prefer risks with known probability measures over risks with unknown ...

Posted 04.10.19 Olivier d'Assier

A Tough First Quarter for Systematic Managers?

According to the returns for Axioma’s factors, the first quarter of 2019 was probably a tough one for many systematic, factor-based investors, especially those investing in the US. Across ...

Posted 04.02.19 Melissa R. Brown, CFA

Who Wins and Who Loses, if Gold Keeps Rising?

If gold continues to rise, as equities fall in a “risk-off” environment, who are the likely winners and losers?

Posted 03.26.19 Diana R. Rudean, PhD

Cloud native vs. cloud hosted: The differences are big…and they matter

The cloud is “in.” But dig a little deeper, and you find that firms have simply switched to a cloud-hosted infrastructure, rather than a thoroughly modern cloud-native environment.

Posted 03.13.19 Axioma

The impact of Fed policy on portfolio risk and diversification

As the latest US rate-hiking cycle enters its final phase, market participants are paying ever-closer attention to comments and actions of Federal Reserve Bank officials.

Posted 02.21.19 Christoph Schon, CFA, CIPM

Finding Opportunities with Axioma’s Asia Pacific ex-Japan Model

A study of style factor returns for Axioma’s Asia ex-Japan (APxJP) fundamental variant risk model reveals some potential investment opportunities for factor-based managers investing in the region.

Posted 02.20.19 Melissa R. Brown, CFA