Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the effect of solid-sounding hedge fund names.
Quote of the Day
"The factorization of active management will count as a major evolution of active management."
(Tom Rampulla)
Fixed income
- Investment grade bonds haven't provided much (if any) premium over Treasuries. (blog.thinknewfound.com)
- What are the investment implications of a 100-year Treasury bond? (gmo.com)
Earnings
- Another example of how attractive people get a leg up...this time with earnings estimates. (asia.nikkei.com)
- Why hedge fund and sell-side analysts seem to be in synch so much. (dealbreaker.com)
Sponsored link
Research links
- The case for random benchmarks in portfolio analysis. (capitalspectator.com)
- Factor models work in the frontier markets. (papers.ssrn.com)
- Comparing retained earnings to book value as a measure of value. (etf.com)
- Does a Fama-French five-factor model work in Chinese A-shares? (blog.alphaarchitect.com)
- A review of recent papers on managing portfolio risk. (capitalspectator.com)
