Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at just how well markets price goodwill.
Factors
- Was the headline research on the value effect upwardly biased? (alphaarchitect.com)
- How does the quality factor compare between equity and fixed income? (caia.org)
- Most anomalies don't check out in the international data. (alphaarchitect.com)
Inflation
- What inflation tells us about the ERP and sector returns. (researchaffiliates.com)
- Can you build a better portfolio to track inflation? (insights.factorresearch.com)
Alternatives
- Some research showing REITs outperform comparable private real estate funds. (institutionalinvestor.com)
- Researchers are still looking for a good measure of PE fund performance. (blogs.cfainstitute.org)
Climate
- Americans keep moving to areas most impacted by a changing climate. (redfin.com)
- Real estate have only recently begun to adjust to climate risk. (papers.ssrn.com)
Behavior
- Is it possible to identify which investors are most likely to 'freak out'? (papers.ssrn.com)
- Morningstar ($MORN) has released its 2021 'Mind the Gap' report. (morningstar.com)
Research
- Can we measure company culture and its effect on returns? If so, how? (sparklinecapital.com)
- The live track record of tactical asset allocation funds is not great. (evidenceinvestor.com)
- On the benefits of investing in non-indexed futures contracts. (quantpedia.com)
- The returns to SPAC investors are not great. (snippet.finance)
- A round-up of recent research papers including 'Building Winning Portfolios Through Private Investments.' (bpsandpieces.com)
