by Nicolas Rabener | Sep 2, 2024 | Uncategorized
Outperformance via Leverage Active managers versus leveraged ETFs September 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Active fund managers have failed to generate outperformance Theoretically, investors could use leveraged ETFs to generate...
by Nicolas Rabener | Aug 26, 2024 | Uncategorized
Factor Timing via Market Momentum Does it work? August 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Theoretically, investors allocate to risky stocks when bullish and defensive ones when bearish A simple stock market momentum model does not...
by Nicolas Rabener | Aug 19, 2024 | Uncategorized
Combining Smart Beta Funds May Not Be Smart What happens if you add positive and negative exposures to the same factors? August 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Smart beta funds offer diverse factor exposures When combined in a...
by Nicolas Rabener | Aug 12, 2024 | Uncategorized
U.S. versus International Quality Stocks Why should investors get compensated for holding high-quality stocks? August 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY U.S. quality stocks have not outperformed or provided less risk than the market...
by Nicolas Rabener | Jul 1, 2024 | Uncategorized
Factor Olympics 1H 2024 And the winner is… July 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY The losers of last year, ie momentum and low volatility, became the winners of this year Momentum performed the best, size the worst Long-short...
