With the inauguration of the 46th US president just days away, there has never been a riper time for the fruit of socially responsible investing. President-Elect Biden has promised to directly address the environmental, social, and governance issues that are bound to plague society if left with no focused intervention.
If there is one thing that 2020 has taught us, it is to expect the unexpected. The tragic events that unfolded at the Capitol building this past Wednesday were no exception, and our hearts go out to the families who lost their loved ones. We can only hope that the path ahead is now a little more stable.
Happy New Year from the Omega Point family! While 2020 was a challenging year for many, we hope that the holidays provided a much needed reset to start 2021 off fresh.Sometimes the best way to start a new year is to reflect on behaviors and trends from the prior year. With this in mind, we are kicking off our inaugural article for this year by reviewing the qualities associated stocks whose...
We finally arrive at the 48th and penultimate issue of Factor Spotlight for what has been quite a surreal and calamitous 2020.All of us at Omega Point would like to wish you and your loved ones a very Happy Holiday season and a peaceful and prosperous New Year.
Last week, we highlighted that the growth vs value spread has recently hit a high point since 2005, which led us to dive deeper into what might be causing this trend. We used the J.P. Morgan iDex U.S. Growth Index and J.P. Morgan iDex U.S. Value Index, which are much purer representations of growth and value than standard style indices, and found that the beta profile of these...
As we near the end of a painful year that will also surely rank as among the most bizarre ever for the investment community, we might all be wondering what else 2020 can possibly throw at us? Well, don’t hold your breaths too long given that soon we may be experiencing a growth vs. value rotation within the mix, as we are beginning to see the characteristics of growth and value hit...
Building upon a previous issue of Factor Spotlight": "A Tales of Two Betas", this week we return to the concept of Beta as a basic analytic measuring risk relative to the broad market. Omega Point now incorporates third-party risk model Betas for both reporting and portfolio construction purposes (but never fear, if you have your own beta calculation you would prefer to measure/manage,...
Before we jump in this week, I wanted to let you know that a recording of my presentation on Evaluating Alpha Signals at last month’s Wolfe Research Global Quantitative & Macro Investment Conference has been posted. Please don’t hesitate to reach out if you have any questions or comments. Now on to this week’s topic...
Portfolios were rocked this past week as the world heard of news...
I think we can all safely say it’s been a roller coaster ride of a week, with the slow drip of US election results keeping many on the edge of their seat and up late at night anxiously awaiting the final votes to be counted. At the time of writing, it would appear that the American people have chosen Joe Biden and Kamala Harris to be the next leaders of their country. However, despite...
With the election now only two days away and most choices likely set, I’m sure that many of you are ready for at least a brief respite from the crescendo of related coverage. In that vein, we’re taking a break from our election series this week, but for those still inclined you may want to check out our previous two posts: “Mitigating Election-Driven Volatility in Your Portfolio” and ...
