Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at how Morningstar’s fund ratings have performed of late.

Quote of the Day

"Implementation matters, which means that knowing the details will also matter for any risk premia choice. This requirement for understanding the details is no different than knowing the differences in manager strategies. There is value with doing a deep due diligence."

(Mark Rzepczynski)