Given the recent inversion of the yield curve, and with companies like Apple guiding earnings estimates down, there’s more than just a whiff of a recession in the air.

The last quarter of 2018 witnessed dramatic changes in the risk environment and multi-asset class correlations.

With just nine days of factor returns for 2019, we have already seen sharp reversals of fortune in some factors, and an abundance of larger-than-expected returns in the US.

The attraction to dividend yield’s defensive qualities in times of bear markets is well documented, but does this still hold for an emerging market like China? And if so ...

One of the major advantages of minimum variance strategies is that the lower-than-market volatility and beta should pay off by offering protection when the market stumbles, as it has recently.

A summary of our analysis of the speculation that there has been a large unwinding of crowded risk-factor positions.

With the Yellow Vest protests, the risk premium of French governments over their German peers is now the widest it has been since the run-up to the presidential election.

For the first time in a decade, risk-free assets are competing on par with risky assets and perhaps more favorably if looking at current levels of volatility.