Most recent articles by Melissa R. Brown, CFA
Value Takes a Beating as Tech Stocks Surge
It’s no secret that tech stocks are driving markets higher and have been important contributors to portfolio returns. But what about their impact on value-based strategies?
With Recent Performance Weak, It’s Time to Look at the Facts Behind Factor Investing…
Factor indices have been underperforming of late. For investors with shorter investment horizons, that may be enough said. But what about those with a long-term focus?
To Combine Factors or To Combine Portfolios? That Is the Question for the Smart Beta Investor…
The launch of the STOXX factor indices has enabled us to do more research into a variety of factor-related topics.
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).
Axioma’s New Canada Model Adds Macroeconomic Sensitivities
We have added two other factors to the new model that reflect the unique composition of the Canadian economy: residual gold sensitivity and residual oil sensitivity.