by Nicolas Rabener | Sep 19, 2022 | Uncategorized
Inflation-Linked Bonds for Inflationary Periods? Interest rate versus inflation rate sensitivity September 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Inflation-linked bonds are considered inflation-hedges However, these have lost almost as much...
by Nicolas Rabener | Sep 12, 2022 | Uncategorized
Sector vs Factor-based Benchmark Selection Same, same, but different? September 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYManager-selected benchmarks are suboptimal as they are not free of conflict of interestsInvestors can use sectors to...
by Nicolas Rabener | Sep 5, 2022 | Uncategorized
Mirror, Mirror on the Wall, which is the Fairest Benchmark of them All? Manager versus factor-based benchmark selection September 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Evaluating manager performance is difficult as it requires an appropriate...
by Nicolas Rabener | Aug 29, 2022 | Uncategorized
What is wrong with Inverse ETFs? Double-edged swords cut both ways August 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Inverse ETFs come with significant risk disclosure Analyzing the performance of these products justifies the warnings There is a...
by Nicolas Rabener | Aug 22, 2022 | Uncategorized
Long Volatility Strategies versus Tactical Asset Allocation Both are great, both have challenges August 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYLong volatility strategies are attractive diversifiers, but complex and not easily...
by Nicolas Rabener | Aug 16, 2022 | Uncategorized
Outperformance Ain’t Alpha If you can explain it, you can replicate it more cheaply August 2022. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Outperformance and alpha are not the same One is the difference from a benchmark, the other is the...
