Applied Research

Weak economy, strong markets? – The German recession anomaly

Despite a steady stream of bad economic news, European stock markets just posted their best half-year performance in almost 10 years - the disconnect most notable in Germany.

Posted 07.19.19 Christoph Schon, CFA, CIPM

Concerned about auto tariffs? Look to Asia for diversification…

Building on our earlier blog on the impact of US tariffs on EU car imports, we decided to take a look at the effects on automobile manufacturers in other regions.

Posted 07.10.19 Christoph Schon, CFA, CIPM

Factor Performance Continued to Fall Short in Q2—and Constraints Only Made Things Worse

Momentum’s recovery in Q2 was a welcome event for many factor-based investors. Unfortunately, that recovery probably wasn’t enough to pull quant managers out of the hole.

Posted 06.11.19 Melissa R. Brown, CFA

Commonly Used Portfolio Constraints Have Exacerbated Weak Results from Poor Factor Performance in 2019

After a tough end to 2018 for factor-based managers, hopes were high for a turnaround this year. Unfortunately, the turn has failed to materialize.

Posted 05.17.19 Melissa R. Brown, CFA