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 103 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 all funds pursue long-only factor...
by Nicolas Rabener | Jan 20, 2025 | Uncategorized
Equal versus Market Cap-Weighted Stock Market Indices And the winner is? January 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Equal-weighted stocks outperformed market cap-weighted stocks in 8/10 decades They were also more volatile, but generated...
by Nicolas Rabener | Jan 13, 2025 | Uncategorized
How Much Should You Allocate to Managed Futures? 10%! More? 20%! More? 30%! Even More? January 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY CTAs have achieved equities-like returns over the long-term They are excellent diversifiers given low...
by Nicolas Rabener | Jan 6, 2025 | Uncategorized
Factor Olympics 2024 And the winner is… January 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The losers of last year, ie momentum and low volatility, became the winners of this year Momentum performed the best, size the worst Smart beta...
by Nicolas Rabener | Dec 30, 2024 | Uncategorized
Quality in Small versus Large-Cap Stocks Quality stocks outperform, right? December 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Adding quality filters significantly improves small-cap investing However, the opposite occurs in the large-cap space...
