by Nicolas Rabener | Oct 30, 2023 | Uncategorized
Higher Volatility, Higher Alpha? Theoretically, yes, practically, no October 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Intuitively fund managers should create more alpha when volatility is higher However, neither mutual nor hedge fund managers...
by Nicolas Rabener | Oct 23, 2023 | Uncategorized
Determining the Optimal Benchmark for Funds Ask the asset manager? October 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Identifying the right benchmark for a fund or portfolio can be difficult Many common metrics like correlation or betas do poorly...
by Nicolas Rabener | Oct 16, 2023 | Uncategorized
A Crescendo in Private Credit? Returns that seem too good to be true October 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The AUM in private credit funds is expected to double to $2.7 trillion However, the performance of the industry’s...
by Nicolas Rabener | Oct 9, 2023 | Uncategorized
Building Better High Yield Portfolios Balancing diversification and yield October 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY There is an inverse relationship between yield and total return The ideal yield strategy has a high yield, high Sharpe,...
by Nicolas Rabener | Oct 2, 2023 | Uncategorized
Factor Olympics 2023 Q3 And the winner is… October 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Most popular factors generated negative excess returns year-to-date Quality stocks performed best, low-risk stocks worst Somewhat surprisingly,...
by Nicolas Rabener | Sep 25, 2023 | Uncategorized
Have Stock Markets Changed? Same old, same old, it seems. September 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Trading technology continues to make the trading of stocks easier, cheaper, and faster However, despite this and other financial...
