Outlook 2020: It’s All About the Trade War…and a Potential Trump Card for Reelection?
If a buoyant stock market is a prerequisite for Trump’s reelection, then a trade-war resolution in 2020 is all but assured.
ESG, technology and survival of the fittest – the changing world of investment management
Q&A with Sebastian Ceria, CEO of Qontigo
As the founder and CEO of fintech Axioma, and now the CEO of newly launched analytics and index provider Qontigo, Sebastian Ceria has ...
Beware what lurks beneath the surface of low volatility
On Friday November 8, the VIX closed at 12.07, a level not seen since Q4 of 2017. The US economy and stock markets have once again outperformed those of ...
Curiouser and Curiouser: Reflections on 2019 Factor Performance or “Shortchanged by the No-Short Constraint”
Many quant managers are having a tough year. While one might blame factors in general, their returns do not tell the whole story (or even the bulk of the story).
Minimum Variance: A Leg Up on Geopolitical Risk?
In our latest paper, we examined the impact of recent market risk events on a range of STOXX® minimum-variance indices vis-à-vis their corresponding global and regional broad benchmarks.
The Value of Getting Sentimental about Your Alphas
We believe that investors would benefit from combining their independent alpha signal with some measure of investor sentiment via an alpha-shrinking process.
Stress Testing a Presidential Impeachment – Part Deux
Unlike the threat of impeachment proceedings in May 2017, this time it’s for real. So, what might investors expect from this development and how might they best respond?