Passive and other tracking investments
We debunk some factor based fantasies and look at a factor based fact.
Fears abound that market cap-weighted index investors are overly exposed to technology companies. But is this really true?
Should investors be worried about overcrowding and capacity in factors, and are these terms interchangeable?
Index management is about much more than benchmark replication. Clients aware of this fact are quickly shifting the way they evaluate funds in search of something that exceeds traditional expectations.
After a five-year bear market, commodities are showing signs of recovery with record inflows. What has driven this recent strong performance?
“Great things are done by a series of small things brought together,” according to Vincent van Gogh. We believe the same is often true of smaller companies.
As we continue our voyage on the factor premium drivers, our next destination is 'market structure'.