Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out including a look at how managed futures funds work in practice.
Quote of the Day
"This strongly indicates that fund managers in the US on average implement ESG factors in their portfolios because their clients demand it or to attract additional assets."
(Joachim Klement)
Behavior
- Happiness increases with income for 80% of the population. (pnas.org)
- How people think about inventions based on their age at introduction. (klementoninvesting.substack.com)
- Do attractive people get better deals? (papers.ssrn.com)
Factors
- Why bother with the size factor? (blogs.cfainstitute.org)
- Is momentum just an agglomeration of other factor momentum? (mrzepczynski.blogspot.com)
- How to use intangibles to improve the value factor. (alphaarchitect.com)
Research
- Does international diversification work during crisis periods? (alphaarchitect.com)
- An explanation for why the past decade has been difficult for shorting stocks. (insights.finominal.com)
- On the role commodity futures play in a diversified portfolio. (corporate.vanguard.com)
- How hedge fund Numerai crowdsources new algorithms. (fa-mag.com)
- Buy side analysts get info from everywhere these days. (institutionalinvestor.com)
