A value investor usually requires a substantial price discount at the company’s intrinsic value. But the latter exceeds the mere accounting value of its tangible assets.
Are we at the dawn of a cyclical change?
If neither the structure of life insurers’ assets changes, nor the level of long-term interest rates, the attractiveness of life insurance for savers may rapidly diminish.
Taking human judgement out of equity portfolios can help investors stay ahead of market reversals.
Jens Peers explains how divestment from conventional resources and business models, must also be accompanied with strategies for investment into sustainable solutions for the future.
The purpose of this paper is to highlight the growing threat of natural disasters to human safety and explore how technological innovation and adaptation are enabling an effective response.
In 1983, the S&P 500® hit an all-time high of 166. Anyone who said then “I’m too smart to buy into the market near an all-time high – I’ll wait for it to fall 10%” – is still waiting. It never fell 10%.
On earth as in markets, humans have been trying to domesticate mother nature for their own benefit. But Nature always takes back its place.
Most asset classes have earned strong total returns year to date and could continue to rally through year-end.
Continuing to seek risk-adjusted excess returns.
Managing expectations for managed futures and crisis alpha.
The outlook for fixed income and equity market performance looks favorable. That said, risk asset valuations currently reflect a fairly benign macroeconomic environment.
How computing power can extract alpha from complex ESG data
Going into 2019, trend following strategies are positioned for potential change.
The case for investing in U.S. large-cap stocks is encountering scepticism.
A wave of extreme digitisation is disrupting companies’ business models.
An in-depth assessment of retirement in the world.
"Put-write" strategies have nearly kept pace with U.S. equities, but with fewer drawdowns
Ostrum AM focuses on stockpicking and avoids market "noise".
Seeking risk-adjusted excess returns
The carbon footprint of the major equity indices exceeds the +2°C objective of the Paris Climate Agreement (COP 21).
Overlay and Minimum Variance, two strategies to hedge its equity portfolio against volatility.
Institutional investors embrace risk in pursuit of better returns and yield, finds Natixis Global Asset Management Survey.
Passive investing may not be all that bad for active management.
Insurers need innovative investment strategies in response to regulation and low yields.
How passive is your active manager?
Q&A with Dr. Andrew Lo.
Vaughan Nelson insight.
Improved assessment of carbon impact could spur ESG investment and drive innovation.
With the rise of artificial intelligence, nanotechnologies and genomics, we are at the dawn of a period of intense technological progress in life sciences.
Seeking to respond to rapid shifts in markets while reducing risk.
Not all high active share managers are created equal.
Neither active, nor passive, factor investing equity strategy is an alternative to conventional stock-picking strategies.