If you can explain a source of alpha, then is it still alpha?
The danger of relying too much on quantitative models is the implicit belief that unless something can be measured and identified as a factor it doesn’t really exist, Daniel Grioli writes.
CalSTRS Portfolio Manager Carrie Lo explains why the fund has added a risk mitigating asset class to the portfolio.
Robeco’s Pim van Vliet has published a book that goes a long way in explaining factor investing in simple terms.
Crowding can be a problem, but is it any worse if a computer does it as opposed to a human, Man FRM Chief Investment Officer asks.
Solving minimum volatility implementation issues through blending.
Boston University’s endowment fund says factor strategies are not for them.
Smart beta product proliferation needs monitoring, Willis Towers Watson says.
The HK Hospital Authority Provident Fund Scheme applies factor strategies for tilting purposes.