Fees and trading costs are a drag on hedge fund returns.
Fees and trading costs are a drag on hedge fund returns.
Most stock market returns come in short, unpredictable bursts.
Recent research indicates there are clear benefits to factor diversification.
A recently published book details how to avoid the mistakes that often come with acting on instinct.
But remember the cyclical nature of markets.
New study looks at variations of the market price of risk relative to variations in French-Fama factors’ risk premiums.
Research indicates endowments have not discovered a secret alpha formula.
Hint: Look beneath the comparisons.