All Risk Management articles – Page 12
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White papers
PanAgora - Efficient smart beta analysis
There is increasing interest in “smart beta” strategies as investors seek new ways in which to capture risk premia more efficiently and inexpensively. However, the term “smart beta” means different things to different people.
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White papers
Some smart beta approaches are smarter than others
The ‘low-risk anomaly’ has been around since at least 1926. Empirical evidence first found over 40 years ago shows that low-volatility investment portfolios tend to produce higher returns than riskier portfolios
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White papers
Smart beta: Not new, not beta, still awesome
Let’s be blunt. Smart Beta is mostly re-packaged, re-branded quantitative management. That’s not to say we don’t like it or think it’s not good for investors.
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White papers
Active or passive? That's the wrong question
The debate over active versus passive investment has been raging for 50 years now – for much of that time, unproductively.
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White papers
The Free Lunch Effect: The Value of Decoupling Diversification and Risk
In this piece, we will discuss why thinking about diversification and risk independently may help investors to build more efficient portfolios. In particular, we introduce a way to think about the diversification potential of portfolios, or the Free Lunch Effect.
