Axioma Partners with Omega Point
June 20, 2017Axioma Partners with Omega Point to Enable ‘Quantamental’ Approach In Fundamental Investing
Turnkey access to Axioma’s suite of factor models enables managers to boost portfolio performance with easy-to-use factor analysis tools
NEW YORK, NY–20 JUNE 2017 – Axioma, a global provider of innovative risk and portfolio management solutions, today announced a new partnership with Omega Point (...
Hedging Factors with ETFs
May 19, 2017As we've discussed in previous blogs, there are various reasons why portfolio managers need to monitor and adjust the factor risk of their portfolio. Much of the time, it's prudently done to avoid unknown or unintended exposures. Other times, the emergence of a new factor risk in a portfolio can be evidence of style drift that a PM doesn't want. Sometimes, a manager has a macro view that leads...
April Factor Returns
May 11, 2017April started out on a bearish note, but after various geopolitical risks subsided, the month ended with market indices skyrocketing. The Nasdaq made record highs with help from Microsoft, Google, Amazon and Facebook. Crude oil returns were the inverse of the market, rising into the middle of the month on geopolitics and hopes of OPEC cuts, but falling afterwards.
What Drives Your Stocks?
April 25, 2017We are excited to introduce a new methodology that enables us to closely examine what has been driving any given stock's returns.
March Factor Review
April 14, 2017March was a month of stalling markets. Sometimes, a stall can be useful for managers. Rising markets may lift all boats, but a small break can be helpful for professional managers running strategies with a beta of less than one to public equities.
February Factor Review
March 14, 20172017's bull market continued in February, with Dividend Yield being the month's standout factor. The low volatility factor’s positive return in an up month is also quite notable. Even low beta stocks, which are expected to underperform when markets are up significantly, were basically flat. Book/Price was the laggard this month. And Momentum, the best performing factor in the latter half of...
January Factor Review
February 14, 2017We hope that the new year has treated you well so far.
The first month of 2017 was a bullish one, more so for tech investors than for the broader market. The rally was helped by expectations that there wouldn't be quite as many Fed hikes as were priced in at the end of 2016, and the US dollar also saw a reversal after strengthening against many currencies in 2016. Apart from Estimate...
2016 Factor Review
January 03, 2017Happy New Year!
The end of one year and the start of another is always a time of introspection and reflection. In this case, we would like to apply that introspection to the factors that we help our clients track. We'll lead with what most investors are interested in - headline performance - and then revisit specific instances that could benefit from extra reflection.
November Factor Returns
December 06, 2016Continuing our series on monthly factor returns, here is a summary for November.