Melissa R. Brown, CFA - Managing Director of Applied Research

As Managing Director of Applied Research, Melissa Brown generates unique insights into risk trends by consolidating and analyzing the vast amount of data on market and portfolio risk maintained by Axioma. Brown’s perspectives help both clients and prospects to better understand and adapt to the constantly changing risk environment.

Most recent articles by Melissa R. Brown, CFA

With volatility so high, is my factor return truly low?

Like that of markets, factor volatilities have jumped substantially since the end of last year.

Posted 06.05.20 Melissa R. Brown, CFA

Market Sensitivity Exposures: “And the ‘New Normal’ is…”

We have discussed recently how company factor exposures had turned topsy-turvy, as investors sorted out their expectations for winners and losers of the COVID pandemic.

Posted 06.02.20 Melissa R. Brown, CFA

The Impact of the Global Risk Environment on Active Risk

Melissa Brown discusses how recent changes in the global risk environment have impacted active risk, and describes why some analytics managers may want to examine when deciding when and how much to rebalance.

Posted 05.20.20 Melissa R. Brown, CFA

Who Blew Up My Tracking Error?

The world of active risk has seen profound changes in the past two months.

Posted 04.23.20 Melissa R. Brown, CFA

The Corona Quarter Synopsis

In both our recent webinar and insight report, we detailed drivers of the sharp increase in risk during the first quarter and the implications for active portfolio management.

Posted 04.13.20 Melissa R. Brown, CFA