All Risk Management articles
-
White papersBig 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.
-
White papers
The Market Measure Of Carbon Risk And Its Impact On The Minimum Variance Portfolio
Like ESG investing, climate change is an important concern for asset managers and owners, and a new challenge for portfolio construction. Until now, investors have mainly measured carbon risk using fundamental approaches, such as with carbon intensity metrics. Nevertheless, it has not been proven that asset prices are directly impacted by these fundamental-based measures.
-
-
White papers
Deconstructing ESG Ratings Performance
MSCI’s latest ESG paper deconstructs MSCI ESG Ratings to explore how environmental, social and governance factors performs by time horizon, sector and weighting.
-
White papers
Market Scenarios and Risks - January 2021
This month, we update the probabilities and narrative of our central and alternative scenarios, taking into account 4Q20 developments in vaccinations, fiscal and monetary policies, and (geo)politics. We have a higher conviction on our central scenario and we are raising its probability from 65% to 75%. We are lowering the probability of our downside scenario from 25% to 15%, which remains above historical levels.
-
White papers
Liquidity Stress Testing in Asset Management
This article is part of a comprehensive research project on liquidity risk in asset management, which can be divided into three dimensions. The first dimension covers liability liquidity risk (or funding liquidity) modeling, the second dimension focuses on asset liquidity risk (or market liquidity) modeling, and the third dimension considers asset-liability liquidity risk management (or asset-liability matching).
-
White papers
Benchmarking Alternative Risk Premia - A yardstick for performance
The use of systematic investment strategies to obtain exposure to alternative risk premia increased considerably in the last decade as investors sought new ways to diversify their portfolios’ primarily equity and fixed income market risk exposures. Investors can now access a wide array of transparent, rules-based strategies to complement alternative investments in hedge funds.
-
White papers
Machine Learning and risk managed investing
In this paper we show how machine learning can be used to successfully enhance the performance of risk-managed portfolios.
-
White papers
Income investing: The return of Goldilocks and the three bears
The Goldilocks environment is back, but bears are lurking in the shadows. Francois de Bruin explores the risks and opportunities that need to be managed to get outcomes that are “just right”.
