Tapping Investor Behavior to Source AlphaFebruary 2017
Behavioral biases influence even the most expert investors, and often create a predictable pattern of how future company expectations could evolve.
Minimum-Variance Portfolio CompositionClarke, de Silva, Thorley
The ability to create and optimize an equity portfolio with the lowest possible variance has appealed to investors over time. Minimum-variance strategies address an increased appreciation for risk management on the heels of the Financial Crisis, all the while inclusive of the fact that low-volatility stocks tend to have returns that meet or exceed the broad equity market from which they are selected.READ NOW>
The New Core Allocation:
With equity valuations at elevated levels, subdued economic growth due to changing demographics and stubbornly low productivity gains, as well as a bleak outlook for fixed income, advisors are challenged to rethink foundational portfolio elements of investor portfolios—which means seeking out strategies that bolster the core going forward.READ NOW >