Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the downside of dividend strategies.
Quote of the Day
"You do want managers who are focused and boring. A well-read global research or quant specialist is a positive. A renaissance man with many new interests who also manages his organization should not be a choice for investors."
(Mark Rzepcynski)
Portolios
- Comparing four popular portfolio optimization techniques. (allocatesmartly.com)
- Risk factors explain different amounts of discretionary and systematic strategy returns. (papers.ssrn.com)
- A dynamic approach to factor allocation. (econompicdata.blogspot.com)
Research
- Why quantitative edges are likely to continue to shrink over time. (cantabcapital.com)
- High fees can destroy the diversification benefits of alternative assets. (peterlazaroff.com)
- The factor returns behind Berkshire Hathaway ($BRKB) performance. (bloomberg.com)
- A look at share buybacks on a global basis. (fortunefinancialadvisors.com)
- Which stocks attract the gambling crowd? (etf.com)
- Not all CLOs are created (or managed) equal. (libertystreeteconomics.newyorkfed.org)
- Institutional herding and the corporate bond market. (papers.ssrn.com)
- A look at the performance of China's open-end mutual funds. (papers.ssrn.com)
- The best investment paper of 2016. (businesswire.com)
