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

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.

Posted 08.22.19 Melissa R. Brown, CFA

Uh-Oh, Canada: Canadian Style Factors Show High Volatility

While Version 4 of our Canada model also showed some big differences between Canada and other markets, Canada stood out most in terms of factor volatility.

Posted 08.22.19 Melissa R. Brown, CFA

Do Yield Curve Inversions Impact Factor Performance?

A client recently asked an intriguing question: “Do style factors behave differently after a yield-curve inversion?” One might think they would, but that turned out not to be the case. 

Posted 08.16.19 Melissa R. Brown, CFA

New Axioma Risk Model Shows UK Bests Many Regions in Return Opportunities

The introduction of an upgraded risk model provides us with a new opportunity to look at factors, and whether we can expect their risks to be compensated over time.

Posted 08.08.19 Melissa R. Brown, CFA

Notes on The Meltdown

The Russell 1000 fell more than 5% from July 31 to August 5, and other indices were similarly down. Owing to those market moves, the risk environment abruptly changed.

Posted 08.06.19 Melissa R. Brown, CFA