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Lessons from Woodford: Shutting the barn door after the horses have bolted 

Factor Investing , Factors

The suspension of the U.K.’s Woodford Equity Income Fund highlights the value of regularly reviewing a portfolio’s factor exposures and liquidity characteristics for signs of style drift or deteriorating ability to redeem shares.

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Using alternative data to spot ESG risks 

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The rise of fundamental factors in China A shares 

Emerging Markets , Factor Investing , Global Investing

Commonly held perceptions about China A shares have influenced investors to think factor strategies may not work in the Chinese equity markets. Our research suggests this may be changing.

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Fed policy, the credit cycle and real estate 

Risk Management , Real Estate Investing , Fixed Income

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What could stress emerging markets? 

Global Investing , Risk Management , Economic Exposure , Emerging Markets

Emerging-market equities and USD-denominated EM sovereign bonds started 2019 with a bang, but recent market turbulence caused by the U.S.-China trade standoff raises a pressing question: What could trigger the next EM downturn?

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Beyond headlines: How markets responded to US-China trade talks 

Economic Exposure , Emerging Markets , Global Investing

Our analysis suggests that changes in equity-market valuations, analysts’ consensus earnings estimates and data on companies’ revenue exposure are metrics that provided insight into recent market and sector performances.

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Factor investing in Saudi Arabia: size matters 

Factor Indexes , Factor Investing

Foreign interest has risen in Saudi Arabia following the easing of foreign-ownership limits. Our analysis shows investors would have benefited by controlling for exposure to small-cap companies.

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Game of Homes: Is winter coming for the domestic-equity bias? 

Equity Themes , Models/Client Cases , Global Investing

Can we quantify home-bias risk in an allocation? And, what has happened when U.S. stocks ended previous multiyear runs of outperformance?

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Are you ready for uniform MBS? (Part 2) 

Models/Client Cases , Fixed Income , Risk Management

Aligning prepayment speeds of Fannie Mae and Freddie Mac securities presents a major challenge to the success of uniform mortgage-backed securities (UMBS), which the two government-sponsored enterprises will launch on June 3.

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A more politicized Fed? The market yawns 

Fixed Income , Risk Management

Could the Federal Reserve Board (the Fed) become less independent, with political forces exerting more influence?