by Nicolas Rabener | Aug 7, 2023 | Uncategorized
BDCs: Better Don’t Choose? Another strategy that trades income for capital returns August 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Business development companies (BDC) funds feature 10%+ annual fees Investors seem to be willing to accept...
by Nicolas Rabener | Jul 31, 2023 | Uncategorized
Hitting Home Runs with AI Investing? Nope, back to practice. July 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The survival rate of AI-focused ETFs is low The track record of AI ETFs is mediocre AI hedge funds struggle to outperform general hedge...
by Nicolas Rabener | Jul 24, 2023 | Uncategorized
When Hindsight Becomes Foresight: Replicating Investment Performance When the tide goes out, you just find equity exposure July 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CFA Institute’s EI blog. SUMMARY...
by Nicolas Rabener | Jul 17, 2023 | Uncategorized
Replicating Popular Investment Strategies with Equities + Cash Many strategies are just offering diluted equity exposure July 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Most investment products offer straight or diluted exposure to the stock...
by Nicolas Rabener | Jul 10, 2023 | Uncategorized
Covered Call Strategies Uncovered Trading income for capital returns July 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Covered call strategies aim to offer index-like returns with lower volatility and higher yields They have underperformed their...
by Nicolas Rabener | Jun 30, 2023 | Uncategorized
Factor Olympics 2023 1H And the winner is… July 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY All popular factors generated negative excess returns in 1H 2023 Small caps performed best, low-risk stocks worst Somewhat surprisingly, long-short...
