Where are the factors?

Where are the factors?

My colleagues and I have written repeatedly about the fact that factors are long-term drivers of investment returns.  Given this, it’s no surprise that investors are increasingly adopting factor strategies in their portfolios. In fact, we’ve seen record inflows YTD…

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Looking for cover

Looking for cover

Successful investing is not just about reaching the final destination; the journey itself can be equally important. Equity investors in particular need to account for the likelihood of volatility along the way and seek strategies for limiting loss while staying…

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Why central banks are running out of ammo

Why central banks are running out of ammo

After a decade of unprecedented monetary stimulus around the world, actual inflation and inflation expectations remain stubbornly low in most major economies. Inflation is falling persistently short of central bank targets even in economies operating beyond full employment–notably the U.S….

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