Style Research’s Bernie Nelson sits down with Larry Tabb of TABB Group for TabbFORUM’s first-ever video series on factor investing, to discuss its growing influence and popularity. Read More
Style Research provides in-depth analysis covering key equity factors on monthly and quarterly bases. On January 5, 2018, Style Research presented the Q4 2017 Factor Performance analysis via a live webinar attended by hundreds of investment professionals.
The article below recaps the live presentation by Style Research’s Bernie Nelson, President, North America, and Tom Idzal, Managing Director. Detailed reports and the webinar recording are also available.
“Markets Media” article by Style Research on the growing importance of factor-based investing and how it’s evolved in 2017
Markets Media published a Q&A with Kirsten English, CEO of Style Research. In this interview, Kirsten discusses how factor investing evolved over the past year as well as the importance of factors in understanding portfolios, comparing them on a level field and applying a common factor-based framework to assess risk and performance attribution. She also discusses the critical role for factors given the growth of ETFs, regional considerations for global investing, how to look at ESG, and some common mistakes in applying factors. Kirsten wraps up with forecasts on the continuing evolution of factor investing in 2018 and how that will impact product development.
Factor investing as an approach is gathering pace both for active asset managers and increasingly for those in the passive space. Factors give a detailed view on how funds behave beyond the headline of returns. This assists investors in the selection and comparison of investment options and it guides asset managers in the construction of investment products. But if you take the debate further, factors also provide a view on the overall quality of the strategy behind fund construction and the consistency of this thinking over time. Read More
Author: Style Research | Categories: Portfolio Analysis
Style Research Writes in “ETF Strategy” on the Need for a Consistent Factor Framework for ETFs
“There are lots of ways to entice people into parting with their money – and attractive packaging and descriptions are near the top of the list. ETFs are no exception to the aggressive marketing taking place; neither are the factors that are often used to calibrate the performance of these investments. But can you really trust the products? And what should you look out for?”
After years of record-low interest rates, investors have ramped up their searches for higher yielding products. One obvious choice has become income funds, a trend many asset management firms have realized and embraced by launching an increasing number of income products every year since 2009 across equities, fixed income and multi-asset products. This includes over 840 different equity income-oriented funds competing globally and managing assets of over £600bn (source: Lipper). Read More
Consider how your factor choices affect your risk premia
Increasing numbers of investors are embracing factor investing. Many lower cost vehicles, designed to give exposure to popular styles, have been launched to meet the demand. But do investors really know what they’re getting? There is a dizzying array of outcomes, even for seemingly well-defined strategies. Read More
The proliferation of funds has led to the explosion of investment factors, factor analysis and factor investing. Everyone – from fund managers to consultants to investors – is trying to find their edge to succeed in a dynamic, if sometimes chaotic or confusing, investment market. Within the debate of active vs. passive strategies, the determination of investment philosophy, and understanding what is truly driving fund creation and performance, what is the role of factors and how can one benefit? Read More
“Hallelujah,” I thought to myself after reading Julie Segal’s article Investors to Managers: Cut the Data and Tell Me the Story! (Institutional Investor, October 31, 2017). Having spent the past twenty-plus years working with a wide variety of investment technologies and platforms, I am truly amazed at the current level of complexity and crowdedness found in the investment analytics space. Read More
Author: Tom Idzal | Categories: Portfolio Analysis
Style Research has been supporting investment professionals across Asia-Pacific for nearly 20 years, providing detailed style and factor analytics to inform the investment processes of asset managers, owners and consultants. With our two new offices in Melbourne and Tokyo, we are looking forward to expanding the services we offer our clients to best support their evolving needs in this dynamic region.
The entire Asia-Pacific region blends established, emerging and frontier markets, making the investment universe and subsequent opportunities for our institutional investment clients vast and varied. It’s an exciting time to invest in Asia-Pacific, but the complexity can be daunting, especially with the proliferation of new ETFs and other products, which are launching on a daily basis. So, let’s take a look at some of the key topics and trends we are helping our clients navigate: Read More
Author: Jamie Spark | Categories: Markets Analysis