We’re excited to announce that we’ve recently added Wolfe Research’s new US Broad Equity Model to the Omega Point platform. Our team has already taken a deep dive into the new model, which includes fundamental, technical, and alternative data factors, and it’s clear that it can be of significant value to any investor seeking to better explain systematic risk and return dispersion in...
In the two weeks since we initiated our multi-part investigation of the Geopolitical Risk Factor (GRF), a distressing escalation in cross-border coronavirus cases is raising alarms and prompting swift action as nations scramble to avert a potential global health crisis. Our thoughts go out to those impacted and to the well being of all global citizens. Meanwhile, this situation...
Last week, we introduced the Geopolitical Risk Factor (GRF) and analyzed its performance over the past three years. This week, we decompose this factor into its sector exposures in order to assess whether any specific sectors are associated with positive or negative movements in the factor.
Throughout 2019, geopolitics and trade conflicts were a fixture in the news. Now, as we near the end of the first month of 2020, there remain a number of geopolitical storylines that have yet to play out. These include the contentious Trump impeachment trial and November elections, ongoing turmoil in the Middle East (punctuated by the skirmish with Iran in early January), and...
One of our more popular Factor Spotlights of 2019 centered around hedge fund crowding. As we head into another earnings season, we wanted to revisit the topic as it pertains to a few key industries.As a reminder, we shared a 2019 paper that posited that the level of concentration has been consistently on the rise, stemming from three key reasons:
Last week, we introduced Wolfe Research’s Macroeconomic Factor Overlay by highlighting some interesting macro factors that the S&P 500 is exposed to. One of the chief follow-up questions that we’ve heard is “How do I determine the potential impact on my portfolio if these macro indicators change?”Today, we’ll dig a little deeper into the Wolfe macro factor library to better...
Today, we'll take a break from our Smart Hedging series to introduce a new macroeconomic factor overlay available on the Omega Point platform, courtesy of our partners at Wolfe Research. We’ll also share our weekly market and factor updates.
