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Visión de mercado

Factor investing debates: Should sustainability be considered a factor?
Factor investing debates: Should sustainability be considered a factor?
Factor investing and sustainability can make a good combination.
20-07-2020 | Visión
New study reveals: you can predict when interest rates will rise
New study reveals: you can predict when interest rates will rise
Over the past decades, many empirical studies have examined the predictability of interest rates, so far with mixed results.
30-06-2020 | Visión
Data sets - the idiosyncratic momentum factor
Data sets - the idiosyncratic momentum factor
A research-driven approach is at the core of everything we do.
23-06-2020 | Data sets
Factor investing debates: Should you time your factor exposures?
Factor investing debates: Should you time your factor exposures?
The debate on whether investors should tactically time their factor exposures is almost as old as the discovery of factors.
22-06-2020 | Visión
Defining Quality: separating the wheat from the chaff
Defining Quality: separating the wheat from the chaff
Quality is a commonly accepted equity factor.
18-06-2020 | Investigación
Sustainable investing in equilibrium
Sustainable investing in equilibrium
This is a theoretical paper which investigates what happens if some investors care about ESG, while others do not, or care less.
10-06-2020 | From the field
Solving the sustainable investment dilemma
Solving the sustainable investment dilemma
Combining quant and sustainable investing efficiently requires expertise.
25-05-2020 | Entrevista
Value ain’t dead
Value ain’t dead
Value stocks have underperformed growth stocks over the past decade.
20-05-2020 | From the field
Podcast: Some factors are more equal than others
Podcast: Some factors are more equal than others
Is Value broken?
14-05-2020 | Podcast
Now more than ever, it’s time to think outside the Fama-French factor box
Now more than ever, it’s time to think outside the Fama-French factor box
2010-2019 was a lost decade for the Fama-French factors.
28-04-2020 | Investigación
Appraising home bias exposure
Appraising home bias exposure
The home market bias is one of the clearest examples of behavioral biases among investors.
22-04-2020 | From the field
Cómo orientarse en el “zoo de los factores”
Cómo orientarse en el “zoo de los factores”
El número de factores identificados en la literatura académica se ha disparado.
27-03-2020 | Investigación
Enhanced indexing solutions for insurers
Enhanced indexing solutions for insurers
Over the past decade, investors have operated a massive shift from actively managed strategies into passive ones.
26-03-2020 | Visión
Cuando la cosa se pone fea, los fondos cuantitativos se mantienen fieles a sus factores
Cuando la cosa se pone fea, los fondos cuantitativos se mantienen fieles a sus factores
Como inversores con pautas predefinidas, los inversores cuantitativos sacan partido de cómo reaccionan las personas ante los movimientos del mercado.
19-03-2020 | Vídeo
A review of 20 years of academic literature on mutual funds
A review of 20 years of academic literature on mutual funds
How skilled are asset managers?
19-03-2020 | From the field
Tras una década “increíble”, ¿qué depara el futuro a las acciones de bajo riesgo?
Tras una década “increíble”, ¿qué depara el futuro a las acciones de bajo riesgo?
La década de 2010 a 2019 ha sido excepcional para los inversores en renta variable, en muchos sentidos.
05-03-2020 | Visión
Simplistic factor models may get arbitraged out of existence
Simplistic factor models may get arbitraged out of existence
Which financial innovations will investors remember 20 years from now?
26-02-2020 | Entrevista
Bringing the quant research and the production data together
Bringing the quant research and the production data together
Researching, designing and implementing top-notch quantitative investment strategies requires good data sources.
24-02-2020 | Visión
Factor investing debates: Are fees the most important variable in product selection?
Factor investing debates: Are fees the most important variable in product selection?
To choose a product, investors tend to rely on a few easy-to-grasp variables, like recent performance and, increasingly, fees.
14-02-2020 | Visión
Solvency regulations and low-risk investing: comparing the Nordics with the Netherlands
Solvency regulations and low-risk investing: comparing the Nordics with the Netherlands
Pension regulations in the Nordic countries and the Netherlands are similar to insurance regulation in the European Union.
11-02-2020 | Visión
Soluciones para aseguradoras con “el poder de tres”
Soluciones para aseguradoras con “el poder de tres”
La persistente situación de bajos tipos de interés y la creciente presión reguladora sobre las aseguradoras hacen que resulte vital para ellas contar con el socio de inversión adecuado.
03-02-2020 | Visión
Is shared analyst coverage the source of all spillover effects?
Is shared analyst coverage the source of all spillover effects?
A wide range of spillover effects has been documented in the academic literature.
22-01-2020 | From the field
Una nueva perspectiva sobre el efecto de la volatilidad
Una nueva perspectiva sobre el efecto de la volatilidad
A lo largo de la última década, el estilo de inversión de baja volatilidad ha ganado mucha popularidad.
06-01-2020 | Investigación
Debates sobre Factor Investing: ¿Existen problemas de capacidad?
Debates sobre Factor Investing: ¿Existen problemas de capacidad?
Aunque las primas de factores tienden a ser persistentes, aprovecharlas de manera constante y eficiente no es tarea fácil.
30-12-2019 | Visión
Index investing: passive in name only
Index investing: passive in name only
Not all index-based products are alike.
18-12-2019 | From the field
Short positions do not add value to factor investing strategies
Short positions do not add value to factor investing strategies
Common wisdom among academics and investors has it that factors are best harvested using both long and short positions.
09-12-2019 | Investigación
Conservative Equities: strong risk reduction despite the recent value drag
Conservative Equities: strong risk reduction despite the recent value drag
Despite inevitable hiccups, Conservative Equities’ track record shows our approach adds value.
02-12-2019 | Visión
Factor investing debates: Could factor premiums disappear?
Factor investing debates: Could factor premiums disappear?
With the increasing adoption of factor investing, one frequently heard criticism is that factor premiums may end up being arbitraged away.
28-11-2019 | Visión
A Low-Risk anomaly also in the crowdlending market
A Low-Risk anomaly also in the crowdlending market
The existence of a low-risk anomaly has been firmly established for stocks and corporate bonds.
27-11-2019 | From the field
Innovation is a crucial way to strengthen our quant offering
Innovation is a crucial way to strengthen our quant offering
Is the emergence of alternative data and artificial intelligence a game changer for quant investors?
25-11-2019 | Visión