factors

Risk

Factors are useless without the research

Product providers cite all manner of factors behind the performance of their products but unless those factors adhere to what academics have replicated and standardised, it’s folly for investors to expect persistent returns from them.

Felix Goltz and Ben LuytenFebruary 27, 2019

Asset Classes

NZ Super looks to factors, carbon

The NZ$33 billion NZ Super is looking to increase its exposure to equity factors and implement the next phase of its climate strategy, which includes decarbonising existing factor mandates.

Amanda WhiteAugust 2, 2018

Asset Allocation

ATP factors in many adjustments

Denmark's $126.9 billion ATP has excelled using allocations to risk factors such as interest rates and inflation, along with frequent tinkering - all based on a robust decision-making process.

Sarah RundellApril 3, 2018

FIS MIT 2017

Factors aid manager selection

Investors, including the $194 billion State Board of Administration of Florida (SBA), are using factor analysis to decompose returns, select active managers and negotiate fees.

Amanda WhiteOctober 25, 2017

Opinion

Optimal factor index design?

EDHEC-Risk Institute suggests that investors should be wary when implementing factor tilts to ensure diversification still reigns.

Amanda WhiteDecember 11, 2015

Uncategorised posts

Why investors employ smart beta strategies

The common view is smart beta is used to side step expensive active equity managers or hedge fund managers whose processes are on the surface opaque, but on close investigation turn out to be largely beta like in approach. As investors have gained experience and familiarity they have also learnt about how it offers greater […]

David RowleyJuly 31, 2015