All Risk Management articles
-
White papersSimple Equity Themes for Complex Times
Here’s why we think value and income can offer equity investors both a buffer against uncertainty and an attractive opportunity in an ongoing reflationary expansion.
-
White papers
We See Risk Where Others May Not: Active Risk Management in Practice
Three categories of risk mitigating techniques can be employed to build portfolios that have similar risk characteristics to traditional portfolios, but with improved returns: volatility targeting; momentum overlays; and bond / equity correlation triggers.
-
White papers
The Z-Shift Framework – Empirical Evaluation Since 1995
With the application of hedge fund and risk management techniques, we show that it is possible to improve both the returns and risk properties of traditional 60/40 portfolios.
-
White papers
Quick Thoughts: Addressing Undiversified Risk
Our Chief Market Strategist, Stephen Dover, and Katrina Dudley, Investment Strategist for Franklin Templeton Mutual Series, discuss diversification risks.
-
White papers
Risk Parity Act Two: Presenting the S&P Risk Parity 2.0 Indices
While the rationale behind risk parity is well understood, the implementation frameworks often differ. For example, some implementations are purely passive while others are more active, the way risk is defined can differ, and the underlying instruments used can vary.
-
White papers
Profiling Minimum Volatility
Minimum volatility is part of a broader group of defensive strategies that have been in existence for decades. They are based on the low volatility anomaly, the phenomenon that lower-risk stocks outperform over time, contradicting the conventional wisdom that risk and reward go hand in hand.
-
White papers
Banks in the post-Covid-19 world
We thought the banking sector was forever changed by the Global Financial Crisis (GFC): e.g., lower leverage, better risk management, greater transparency, etc.
-
White papers
The “great acceleration” intensifies pressure on insurers
While the world is recovering from 2020’s massive shock, it accentuated the challenges facing insurers. There is now greater urgency to adapt business models and portfolios while looking afresh at asset-liability management.
-
White papers
Big Tech Stocks: How to gauge regulatory risk
When it comes to America’s biggest technology companies, it seems like regulatory risk has never been higher. Most large technology platforms are facing pressure from US and European authorities, while lawmakers on Capitol Hill seem more inclined to doing something — rather than nothing.
-
Research Report
Global Trends in Corporate Tax Disclosure
How are companies that employ strategies such as profit shifting exposing themselves to growing reputational and regulatory risks with the potential to directly impact their profitability?
-
White papers
Building Short-Term Resilience Into Long-Term Premia
Strategies designed to deliver risk premia over time need help to survive potential potholes and hairpin corners along the way.
-
-
White papers
Market Scenarios and Risks - May 2021
We note progress on the vaccine front despite logistics and side effects issues. In our central scenario, equities outperform on the back of abundant liquidity, improving fundamentals and accommodative monetary policy.
-
White papers
Pausing for Breath on ‘Peak Growth’
Rates of change in economic data may be hitting their peaks, but that need not preclude more long-term upside for risky assets.
-
White papers
Blog | Factor P/Es signal risks – and opportunities
Major shifts in the macro backdrop, spurred by growing confidence in the post-pandemic recovery, could suggest the spectacular expansion in stock valuations of the past year may be poised for a reset. P/E mean-reversions can be painful or benign for stocks, but they also create new risks and opportunities.
-
White papers
Exploring Equal Weight’s Impact on Risk/Return
What are the potential risk/return benefits of the S&P 500 Equal Weight Index? S&P DJI’s Hamish Preston and Tim Edwards explore what’s driving the mega-cap trend, multi-decade highs in S&P 500 concentration, and potential applications for the S&P 500 EWI.
-
White papers
Capturing Structural Change - A Guide to Thematic Investing
Is it time to change how we think about equity portfolio construction and focus on the big waves of structural change?
-
White papers
Low-volatility investing, here for the long run
A decade ago, after undertaking comprehensive proprietary research into the characteristics of low-risk stocks, we launched our global low-volatility equity strategy.
-
White papers
Long-Term Asset Class Forecasting and R-Factor™
Using ESG Scoring to Adjust Country-Level Risk Expectations
-
White papers
Market Scenarios and Risks - February 2021
This month, we maintain the probabilities and narrative of our central and alternative scenarios. We confirm our constructive medium-term view on the “financial recovery regime”, with more caution in the short-term on financial markets, given the virus-dependent news flow.
