Beating Human Biases with Robo-analysts Factors, Quant & SystematicAlgorithmic stock analysis models, or robo-analysts, outperform their human counterparts, largely because they are less conflicted and avoid biases, a new study has found. Read More
Is the Trend Really your Friend? Factors, Quant & SystematicWells Fargo AM’s Wai Lee discusses the considerations that go into implementing an allocation to trend following strategies in a multi-asset portfolio and finds that small changes can have big consequences. Read More
Looking for the Perfect Hedge Editorial, Factors, Quant & SystematicWhat type of hedge would you put in place to protect your portfolio in the current malaise, if you had the benefit of hindsight? Read More
M Cargill Philanthropies Expands Risk Premia Portfolio Asset Owners, Factors, Quant & SystematicUS-based charity fund Margaret A. Cargill Philanthropies has expanded its risk premia strategies with the volatility risk premium and addresses concerns over these factor investing. “We can’t expect absolute positive returns year in year out,” CIO Michael Ruetz says. Read More
CalSTRS Evolves Risk Mitigation Strategy Asset Owners, Factors, Quant & Systematic, Financial Crisis, InnovationCalSTRS portfolio manager Carrie Lo looks back on how markets tested the risk mitigation model. But the US pension fund stuck with it and has now expanded the strategy, adding systematic risk premia strategies to the portfolio. Read More
It’s Time to Sin a Little Equities, Factors, Quant & SystematicAQR has always questioned the merits of factor timing, stating it is too difficult to do consistently well. But valuations have now become so irrational that even they believe a skew towards value is warranted. It is time to sin a little. Read More
In Search of True Factors Factors, Quant & SystematicDetermining the true expression of a factor is difficult, but a factor should give an investor something that traditional asset classes don’t, Janus Henderson’s David Elms says. Read More
AustralianSuper Scales up Machine Learning Asset Owners, Equities, Factors, Quant & Systematic, InnovationAustralianSuper started its first machine-learning strategy only two years ago, but already it has become a near core strategy and has a substantial amount of money running in it. Read More
The Illusion of Rationality Behavioural Finance, Factors, Quant & SystematicNot all problems are computable and there is good reasons to believe that many investment problems fall into this category, Professor Carsten Murawski of the Brain, Mind & Markets Lab says. Read More
