by Nicolas Rabener | Mar 3, 2025 | Uncategorized
Are Low-Risk Stocks Really Low-Risk? Why are there no funds offering exposure to the best-performing factor? March 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The long-short low volatility factor generated a higher long-term return than momentum,...
by Nicolas Rabener | Feb 24, 2025 | Uncategorized
Checking in Buffermania Do buffer funds protect on the downside yet participate on the upside? February 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The AUM of buffer funds has grown from $5bn to $50bn in four years Somewhat surprising, as these...
by Nicolas Rabener | Feb 10, 2025 | Uncategorized
A Horse Race of Low-Beta Equity Strategies Low beta is not low risk February 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Not all low-beta strategies offer lower risk than the stock market Most have generated lower Sharpe ratios than the stock...
by Nicolas Rabener | Feb 3, 2025 | Uncategorized
Complexity is the Enemy of Investing A case study of a poorly designed portfolio from the world´s largest asset manager February 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Financial experts create complex portfolios to justify their fees However,...
by Nicolas Rabener | Jan 27, 2025 | Uncategorized
Factor Exposure Analysis 108: Long-Short vs Long-Only Factors Long-short versus long-only factors January 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The belief in factor investing is based on research featuring long-short factors However, almost...
