Alpha Research, asset allocatie & fund selection & OpinioPro (professional investment publications databank) organiseerden een kennis event over Factor Beleggen & Smart Beta: active of passive met resultaten van haar analyse van Factor Investing publicaties van grote vermogensbeheerders en 381
James Clunie – Jupiter Asset Management Over the past five years to year-end 2018, Jupiter’s Absolute Return strategy has been a worthwhile portfolio diversifier: it has generated a positive return, with negative correlation to the MSCI World Index, and has
Introduction Factor investing is increasingly in vogue with estimates of passive assets tracking such strategies reaching US$729bn [1], [2]. This popularity has led investors, academics and practitioners to question the extent to which factor premiums may have been arbitraged away
ESG For the Kempen Dividend team, Environmental, Social and Governance (ESG) criteria are an integral part of the investment process. Their unique methodology makes sure that they take all aspects of a company’s ESG risks and opportunities into account when
Multi-Factor Strategies A “factor” is a generic label for company and stock price characteristics that provide the common sources of return across a broad universe of equity securities. For example, the value factor includes stocks that are inexpensive relative to
Viewpoint11 For credit investors, the equity market can be an important source of information about growth expectations, and at times can serve as a leading indicator. However, recent developments in some defensive sectors – traditionally favored by equity and credit
What Opportunity Zone Investors (And Observers) Should Consider Today As an investor, you want to anticipate all the risks, pitfalls and ranges of outcomes before you put money to work. Qualified opportunity zones continue to make headlines and do present
What is value The foundational lessons of Graham and Dodd provide a recipe for market participants to look at stocks based on a valuation framework and to understand the relative cheapness of stocks. This framework has been used throughout the
A Practical Framework for Identifying the ESG Strategy That Is Right for You According to a survey of 475 institutional investors titled “Performing for the Future,” more than half of institutions that have adopted environmental, social and governance (ESG) investing
Themes from the quarterly Quantitative Beta Research Summit The factors that we favor were mixed amid a turbulent quarter that saw a wide range of markets fall sharply and end the year in negative territory. A slowdown in economic activity
One of the most powerful biases that drives stock behavior is also one of the most difficult to capture — investors’ tendency to overpay for stocks that have the possibility (however remote) of a very large payoff. In statistical terms,
Introduction Welcome to our third annual Global Factor Investing Study, in significantly expanded form. Based on an interview program of over 300 institutional and wholesale investors across all major global regions and segments, plus a series of case studies (found
Long-term value creation Our analysis of the current state of affairs in ESG integration in sovereign portfolios covered three topics: the existing academic and industry research, the data and scores provided by specialised vendors, and the inclusion of ESG in
The NOVUS 4C Indices Hedge funds express conviction in companies they hold by sizing them up in their portfolios. Does hedge fund conviction play a role in the future performance of stocks? Evidence shows that it does. If a stock
Transitiethema’s voor een duurzame toekomst Triodos Investment Management wil bijdragen als katalysator voor de transitie naar een evenwichtige economie waarin natuurlijk en menselijk kapitaal echt naar waarde worden geschat. Om dit te bereiken beleggen wij uitsluitend in ondernemingen die via
So what is decarbonisation – that odd, but strangely attractive-sounding word? Decarbonisation refers to action taken to reduce the carbon intensity, and carbon dioxide (CO₂) emissions in particular, of an economy. As an integral part of the energy transition, decarbonisation
Are we doing enough? This report, published by the Dutch Association of Investors for Sustainable Development (VBDO), provides a detailed overview of the current status quo and trends relating to the responsible investment practices of the 50 largest Dutch pension
Points Of Discussion Factors allow for a high level of portfolio customization at a reasonable cost It is important that investors understand the factor exposures they need and have a flexible investment process Factors such as value, size, and momentum,
To date, investor interest in ESG has been largely focused on ethics (‘values’) and less on generating returns (‘value’), which has led to flows into sustainable and ethical investments. However, we have seen increasing acceptance that incorporating ESG analysis can
Overview The long-term outperformance of low volatility stocks, known as the ‘low risk anomaly’, is supported by a range of academic literature.1 • In Europe, low volatility has performed particularly well, as illustrated over various time horizons. Now may be
Investment View Maatstaven voor engagement en intentionaliteit brengen ‘Impact’-metingen naar een hoger niveau Verbeterde rapportages en transparantie, meer databronnen en de standaardisatie van meetmethoden zullen zorgen voor verbetering
Investment Views Economic slowdown presents headwinds for value investing Targeting sustainable dividends is key to outperforming the market
The time is now? Bond investors have lagged their equity counterparts in integrating ESG considerations into portfolios. But with ESG occupying a bigger role in credit ratings, and investors showing more willingness to engage with issuers, the fixed income sector
Sustainable Investment Report Q3 2018 Infographic
Factor investing Factor investing, an investment approach which targets specific stock characteristics such as value or momentum, is becoming a stronghold of investor portfolios.1 Many factor-investing strategies are popular for good reason: they are transparent, offer exposure to widely agreed-upon
