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...
by Nicolas Rabener | Sep 18, 2023 | Uncategorized
Don’t Convert to Convertible Bonds Equity exposure in disguise September 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Convertible bonds are typically viewed as debt rather than equity instruments However, these are highly correlated to...
by Nicolas Rabener | Sep 11, 2023 | Uncategorized
Factor Exposure Analysis 108: Fixed Income Factors II Style versus traditional fixed income factors September 2023. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY There are style factors like value and traditional fixed income factors like term premium The...
