Phil Mackintosh: What is core data?
(8 min read) What market data is necessary to facilitate trading in today’s markets? The answer, based on some of the most liquid markets in the world, is: Not much.
Understanding portfolio risk using factors
(5 min read) Reviewing and analyzing recent factor performance is a great way to understand why a portfolio’s positioning has created certain outcomes, and whether unexpected exposures may have been created that fall outside a policy benchmark. This article examines the 2020 performance of Solovis Risk Analytics’ default set of factors.
Investors redeem from passive equities in Q4, allocate to bonds, ACWI ex-US and China equities
(2 min read) Long only asset managers reported Q4 2020 institutional assets under management of $33.7 trillion to eVestment.
Hedge fund industry begins 2021 with net inflows
(5 min read) Investors added an estimated $6.39 billion into hedge funds in the first month of 2021. Net inflows are showing up more broadly than in prior years and a larger proportion of managers are getting new money in the current environment.
Phil Mackintosh: The lowdown on high-flying stocks
(5 min read) What happens to stocks that double in a week? Some have asked why trading wasn't halted to protect investors. The answer, it turns out, is more complicated. It also poses a warning to those who want to implement volatility halts.