Minimum Correlation Factor Portfolios

Minimum Correlation Factor Portfolios The lower the factor correlation, the better? December 2020. Reading Time: 10 Minutes. Author: Nicolas Rabener. This research note was originally published at Alpha Architect. Here is the link.SUMMARYMinimizing factor correlations...

The Case Against Equity Income Funds

The Case Against Equity Income Funds Gaining Income While Losing Capital? October 2019. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARYEquity income mutual funds have underperformed the S&P 500 since 1988Especially on a post-tax basisInvestors can...

Black Swans, Major Events & Factor Returns

Black Swans, Major Events & Factor Returns How to Prepare For the Unexpected? March 2019. 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 It is...