December 6, 2019
A significant level of assets have flowed into sustainable investment in recent years, to the tune of $30.7 trillion globally in the five major markets at the start of 2018—a 34% increase in two years—according to The Global Sustainable Investing Alliance’s most recent trends report.
December 5, 2019
Investors are looking for consistent, competitive returns in their equity portfolios, and we believe our risk management team partnering with our portfolio management teams is crucial in that pursuit.
December 4, 2019
December 4, 2019
November 29, 2019
Josh covers some of those potential traps and errors that can arise when building a lineup. Although we think about how investors will be using them in a more institutional context, often within a retirement plan, many of these points are equally relevant if you are building your own individual portfolio.
November 27, 2019
Many traders would deal with stress in positive ways like exercise or competitive sports, while others seemed to never find the right outlet. Over the years I’ve tried to identify the characteristics of the successful traders, and the one thing that always pops up is a healthy respect for risk.
November 26, 2019
November 21, 2019
November 19, 2019
When I talk about value investing, I am talking about a more traditional definition of it. That means buying cheap stocks relative to current fundamentals. That could mean earnings or cash flow or book value or sales or a variety of other metrics. There are some funds out there that use the word “value” in their name, but don’t fit into this traditional value mold.
November 15, 2019
November 13, 2019
For any manufacturer, the importance of understanding risks in their supply chain is clear. Whether it is logistics, disruption, sourcing or quality issues, businesses know that globalization means reliance on supply chains. Monitoring and evaluation of supply chains is a complex process that typically is not noticed by end customers if it runs well.
November 13, 2019
November 12, 2019
November 8, 2019
November 5, 2019
November 5, 2019
Before we debate the merits of buybacks, it is important to understand what they are. Profitable companies generate excess cash on a regular basis. They have a variety of options for what to do with it. They can reinvest it back in their business. They can just keep it in the bank. They can buy other companies with it . They can pay down debt. They can pay dividends. They can also buy back their own stock.
November 1, 2019
October 29, 2019
There are many skills that can benefit you as an investor. Being smart is certainly an asset, although it can also get you in trouble if you don’t know your limitations. The ability to control your emotions is also a huge plus. But I think the most important skill may be the ability to think critically.
October 28, 2019
October 24, 2019
Of all the ills the market has blamed MiFID II for, the drop in research diversity and quality is up there in the rankings. But is company-sponsored research the answer? Specifically, a large part of the consensus has focused on the drop in quality and quantity of research on small- and mid-cap firms.
October 22, 2019
Factor timing is a pretty controversial topic in the quantitative investing world. On one hand, we are all taught that we should buy low and sell high, so it seems intuitive to add exposure to factors that are out of favor. But in reality, it isn’t that simple and factor timing is much more difficult than it would seem in theory.
October 22, 2019
As I discussed in previous blogs, index tracking methodology for equities can be constructed using either a full replication (where an ETF holds all of the securities that make up the index in their respective weights) or optimization (where an ETF holds a subset of securities that closely resemble the index.) Index tracking methodology for fixed income ETFs can be full replication as well, but it can also work a little differently by using a sampling strategy.
October 18, 2019
October 17, 2019
Alternative data is nothing new in the world of finance. Analysts and industry watchers have always relied on non-financial inputs that have an impact on financial developments. The weather, spending habits, fashion trends, popular hangouts, social unrest: Any one and all of those datasets can affect economic activity and gives analysts context on top of traditional financial information, like a company’s earnings or market data.
October 16, 2019
October 11, 2019
Parents are looking for guidance on how to talk to their children about money. Retirement Director Ben Rizzuto explains how advisors can address this need while establishing themselves as the family’s primary wealth manager – all without putting their other client relationships at risk.
October 10, 2019
Investment banks provided a range of services to their buy-side clients, bundling a bunch of those services together (investment research included), and pocketing some tidy sums in commission fees. They certainly didn’t have to worry about selling sell-side research separately, much less look for new clients, like corporates – which is what they are doing now.
October 10, 2019
The global investment grade credit universe (GIGC) far exceeds local submarkets in size and scope and a GIGC strategy may unlock value through diversification and currency inefficiencies.
