by Nicolas Rabener | Jun 7, 2021 | Uncategorized
Liquid Alt Juggernauts: Worth their Salt? Nope. June 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Liquid alternative mutual funds only captured 10% of the market share from hedge funds The alpha generated since 2013 was essentially zero Long-short...
by Nicolas Rabener | May 31, 2021 | Uncategorized
The Case Against EM Equities Questioning the emerging markets growth story June 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY EM equities are highly correlated to US stocks & high yield bonds, limiting diversification benefits They outperform...
by Nicolas Rabener | May 24, 2021 | Uncategorized
Portfolio Construction in Venture Capital Lessons from public markets May 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY A few winners generate most of the venture capital returns Given this asymmetrical return distribution, portfolios should be...
by Nicolas Rabener | May 17, 2021 | Uncategorized
Managed Futures: Fast & Furious vs Slow & Steady Short vs long-term trend followers May 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Managed futures strategies aim to exploit short- or long-term trends Short-term trend followers are often...
by Nicolas Rabener | May 10, 2021 | Uncategorized
Improving the Odds of Value Investing Tactical versus Strategic Allocations to Value May 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The stock market volatility, skewness, and yield curve influence the performance of the value factor Investors...
by Nicolas Rabener | May 3, 2021 | Uncategorized
60/40 Portfolios Without Bonds Time for Kingslaying. May 2021. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published by the CAIA Association’s AllAboutAlpha blog. Here is the link. SUMMARY Bonds have become less useful in asset...
