Investing & Economics


Get Comfortable with Being Uncomfortable, Part 1: Valuations

Get Comfortable with Being Uncomfortable, Part 1: Valuations

When most investors think about “risk reduction” their minds immediately conjure volatility and losses. However, as advisors, we should consider a broader definition of risk that connects more directly to how clients feel about their investments. Specifically, advisors should …

Multi Factor Indexes:More Bang for Your Buck

Multi Factor Indexes:
More Bang for Your Buck

Many advisors are unsure whether introducing factor-tilt ‘smart beta’ strategies into portfolios will improve client outcomes. In fact, some factor tilt portfolios appear to provide the equivalent of levered exposures to a diverse set of alternative risk premia. This is …

A Skeptic’s Guide to Factor Investing

A Skeptic’s Guide to Factor Investing

There is a great deal of evidence supporting the existence of alternative sources of excess returns, such as value, momentum and low risk. Factor investing is real; In fact, these factors are observed in virtually every market and asset class around the world. And they have …