Omega Point Blog

Axioma

Is “Oil Risk” Making a Comeback?

October 24, 2021

Talks of an impending oil crisis have been making headlines over the past several weeks. Some argue that the “impending” crisis is already here, while others believe the worst is yet to come. The economic reopening has exposed major oil shortages, which has spurred oil prices to go on the run in tandem with increased global demand. These conditions, coupled with the global supply chain...

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Alyx Flournoy, CFA
Alyx Flournoy, CFA

Stress Testing a Global Evergrande Shock

October 10, 2021

China Evergrande’s liquidity issues continue to stir up fears among investors of a localized downturn that could send shockwaves across global markets. Plans by Hopson Development Holdings to acquire a 51% stake in Evergrande could provide at least some short-term wiggle room for the company to remedy its cash flow problems. Even if this proves to be a lifeline to Evergrande, there’s already...

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Alyx Flournoy, CFA
Alyx Flournoy, CFA

Could Evergrande Create a Global Domino Effect?

October 03, 2021

China has been lighting up the news outlets lately with news of crypto crack downs and general regulatory tightening. However, another story has been brewing around China Evergrande and the potential ripple effects on the global economy from Evergrande’s impending default on portions of its $300+ billion in liabilities.

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Alyx Flournoy, CFA
Alyx Flournoy, CFA

Watch the Tails: Expanding our Macro Detection Palette

May 09, 2021

Last week, we delved into ‘when’ macro matters by using the Axioma Macro Projection Model to identify historical periods when macro factors drove US equity volatility. This approach highlighted the Sovereign Debt Crisis in 2012 and the COVID market downturn as periods when macro factors became the leading contributors to volatility in the Russell 1000 Index. We also observed evidence of macro...

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Kevin Wahlberg
Kevin Wahlberg

Marrying Macro and Fundamental Models

May 02, 2021

Hi there,

Last week, we established that Macroeconomic factors appear to show a meaningful explanatory power over sectors such as Energy, Financials, and Real Estate. We concluded our analysis by noting that incorporating macro factors into the investment process shouldn’t be disruptive, but can actually be supportive. This week, we continue our examination to demonstrate how both macro &...

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Chris Martin
Chris Martin

Macro Matters, Even for Fundamentalists

April 25, 2021

Fundamental and macro-oriented strategies have traditionally been separate and distinct styles of investing. Fundamental managers take a bottoms-up approach to identify companies that they believe are poised for future success or failure while macro managers employ more of a top-down view to isolate broader economic trends and then select those stocks which stand to be most impacted.

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Kevin Wahlberg
Kevin Wahlberg

Factors Have Rallied Amid Macro Uncertainty

January 06, 2019

I hope you enjoyed the holidays and year-end festivities. Today, we'll provide a factor update spanning the past two weeks, a period characterized by sustained choppiness in the market and mixed economic headlines. Just this week, AAPL dramatically lowered 1Q revenue guidance, citing “economic deceleration,” particularly in China. and the ISM Manufacturing Index's significant December put...

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Omer Cedar
Omer Cedar

Medium Term Momentum, Anew

July 12, 2018

I hope you've been enjoying the summer so far.

In early March, we highlighted Medium-Term Momentum as a factor that was overbought in the market. In the intervening time, we've seen the factor sell off on both a cumulative and normalized basis, stage a brief rally, and then sell off some more. Today, we're now recognizing it as an Oversold factor.

As you can see, after rallying in the month...

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Omer Cedar
Omer Cedar

Our Partnership with Axioma

June 28, 2017

How Customers Benefit from Our Partnership with Axioma

A key driver in our mission to democratize quantitative investing is to simplify complexity for our traditional asset manager clients, and our recent announcement to partner with Axioma expands upon that by leaps and bounds.  As always, clients can discover, analyze and manage their portfolio factor risk using Omega Point’s intuitive...
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Omer Cedar
Omer Cedar

Axioma Partners with Omega Point

June 20, 2017

Axioma 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 (...

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Omega Point Factor Lab
Omega Point Factor Lab