As outflows continue from active equity to passive and smart beta approaches, we analyze data on major institutional investors in the US to understand the key drivers of this shift.
We investigate two dynamic strategies that, in contrast to these passive investments, appear to have generated positive performance both in the long-run and particularly so during historical crises.
How the rise of 'smart beta' strategies offer insight into the real drivers of active manager alpha.
Investors must beware of the increasingly cited 'correlations' across global markets, which risk mistaking coincidence for persistent patterns.
Value investing may be a hedge to a rising interest rate environment.
Emerging market small cap equities may potentially offer compelling opportunities for investors.
Careful consideration of how factors are constructed, adjusted for biases, and combined could affect investment outcomes significantly.
Is it possible to capture the low volatility anomaly while avoiding crowded trades and overvaluation?
The Man AHL Academic Advisory Board met in July 2016 to discuss skewness.
As attention turns to low volatility strategies after a period of market-beating performance, we analyse how skilled managers seek to fully exploit their benefits.
We consider some of the complexities that belie smart beta’s simple definition, examining it from a practitioner's perspective.
Conventional wisdom may suggest that all quantitative managers are the same. But Robert argues that the devil is in the details.