All Factor Investing/Smart Beta articles – Page 3
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White papersDisappearing Alpha & Hidden Beta—A Sleight of Hand
Comparing Option Strategy Indices and Hedge Fund Indices before and after the 2008 – 09 financial crisis reveals that what many investors thought was “alpha” was just an illusion.
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White papersEquity Portfolio Construction: Filling the Gap Between Alpha and Beta
Separating equity alpha and beta is a good first step—but could investors be doing more in the space left between them?
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White papersSimply Put(Writing)
PutWrite strategies can improve the risk-return efficiency, liquidity, flexibility and cost-effectiveness of investor portfolios.
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White papersThe Circular Q3 2019: keeping you in the sustainability loop
As responsible-investment activity heats up, we sample temperatures across the market to pinpoint flaring activity
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White papersFactor investing also works in corporate bond markets
Impressed by the historically good performance of factor investing in equity markets, more and more investors are appreciating the potential of this approach for bonds, says investment specialist Grégory Taieb of BNP Paribas Asset Management. “It can improve a portfolio’s long-term risk/return profile, and create diversification benefits for investors.”
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White papersBenefits of an allocation to low-volatility equities for risk-averse investors
While empirical evidence of the low-volatility factor has existed since the 1970’s, interest among investors grew in the wake of the global financial crisis, through exposure to low-risk strategies. The low-volatility factor became the “Hot Topic” from both an academic and an investment standpoint.
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White papersRefining Risk Management for an Uncertain World
Investors are facing a strategic conundrum in a world of vast political, macroeconomic and market risks. In this environment, generating a better risk/return balance requires a deeper understanding of the sources of risk across asset classes and new data analysis techniques.
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White papersPortfolio Risk Management: A Multidimensional Perspective
Asset allocation, effective portfolio design and dynamic management have always been powerful tools for battling volatile markets, but risk has come into even sharper focus lately. Economic growth is slowing, yields are low and stocks have taken several tumbles. Investors are looking for new ways to tackle risk.
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White papersFactor Investing In European Offices Smart - Smart Beta Compared To Traditional Styles Q2 2019
In this report, we apply our new factor investing approach to close to 40 European office markets for the first time. This framework quantifies factors such as Volatility, Liquidity, Quality, Value, Yield and Growth. A comparison of our factor investing results to the traditional “core” and “value-add” investment styles is also provided.
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White papersActive multi-factor interest rate management
Quantitative alpha strategies in interest rate markets have repeatedly been questioned over recent years. Regular interventions by central banks – often running contrary to fundamental trends – were a challenge for the forecasting quality of numerous approaches. Yet it is possible to generate robust outperformance, even in difficult market conditions, by applying a diversified multi-factor rates overlay.
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White papersInnovative factors provide leading edge – on the potential of alternative data
An active, factor-based strategy focuses on tapping into new sources of data, on identifying relevant information and how to intelligently combine such information. Within this context alternative data – texts, images, or audio files – is becoming more important for the investment process, and regarding additional analytical value. At the same time, comprehensive and swift analysis requires state-of-the-art technology and plenty of experience.
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White papersAn alternative to traditional euro credit management: a smart beta credit approach incorporating ESG criteria
How should we approach bond management as the end of a bull market cycle un- precedented in terms of its size and duration begins? Over the past two decades, bond portfolios have been boosted by the steady fall in interest rates. This has reduced the importance of bond selection – all investors have needed to do to prosper has been to increase their portfolio’s duration and its exposure to credit risk and less liquid assets.
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White papersGet active about your passive
The evidence is mounting that investors have given up on trying to beat the market in US large caps. For example, Bloomberg recently reported that passively managed large cap US equity fund assets overtook actively managed large cap US equity fund assets at the end of 2018.
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White papersCross Asset Investment Strategy Special Edition: Outlook 2019
With late cycle features continuing to materialise and a higher level of vulnerability developing due to the uncertain geopolitical backdrop, 2019 will require investors to embrace a more prudent approach, despite the benign global economic outlook.
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White papersDeep dive in factor definitions and behaviors to better combine them
Anticipating the economic and financial environment evolution and its impact on equity market is not easy.
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White papersFactor Investing and Smart Beta Solutions
Smart Beta & Factor Investing strategies have been developed to address the two main limits of traditional market capitalization weighted indices.
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White papersFactor Investing: Avoiding the pitfalls
What Is Your General Experience Of Factor Investing?
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White papersFactor Investing: Avoiding the pitfalls
Factor investing has gained a lot of attention recently. DWS Quantitative Investments launched its first factor-based equity strategies in 2001, since when its approach has continued to evolve. In this Q&A we discuss some of the considerations we believe are key to successful factor investing.
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White papersMegatrends and disruptions: Consequences for asset management
The asset management industry has to face three different types of challenges.
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White papersAgeing Population: when a major demographic trend becomes an investment opportunity
At Generali Investments we believe it is important to focus on relevant structural trends and investment themes, presenting a growth potential that is largely driven by real economy factors.
