Select Page

Quality vs Growth Factors

Quality vs Growth Factors Why do high ROE stocks outperform high-growth ones? August 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Quality and growth factor returns differ between research and reality Most generated negative excess returns...

Private Equity Without the Lag

Private Equity Without the Lag Creating an index of listed private equity funds with daily returns August 2025. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Listed private equity funds can be used to create a PE index with daily returns Highly correlated...

60/40 vs Leveraged Diversified Portfolio

60/40 vs Leveraged Diversified Portfolio Leverage can cut both ways August 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Leverage is usually a destructive feature in investment products However, using leverage with diversified portfolios can help...

Factor Valuations: Current vs Historical

Factor Valuations: Current vs Historical  What’s cheap, what’s expensive? July 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Some factors are trading at historically low valuations Cheap stocks are cheap, high momentum and profitable...

Factor Optimization via ETFs

Factor Optimization via ETFs Is a value ETF necessary to gain exposure to the value factor? June 2024. Reading Time: 10 Minutes. Author: Nicolas Rabener. SUMMARY Factor exposures can be acquired from various sources For example, energy stocks are cheaper than stocks...