Dynamic content cards

Our latest research

MSCI Blog

Hedging Inflation with Equities

Jul 16, 2021 Ashish Lodh, Jean-Maurice Ladure

Equities have traditionally been viewed as a hedge against inflation, based on the assumption that companies’ revenues adjust for inflation over time. But what has been the short-term impact on equity portfolios?

MSCI Blog

Active-Management Opportunities in a Disperse Market

Jul 13, 2021 Hitendra D Varsani, Rohit Gupta

Disperse markets have historically provided opportunities for active managers to outperform their respective benchmarks. We showed that, based on historical trends, CSV helped shed light on identifying where the dispersion was greatest.

MSCI Blog

Eyeing the Crowds from Multiple Perspectives

Jul 8, 2021 George Bonne, Jay Yao, Howard Zhang

We observed historically notable crowding across factors, industries and stocks through the first half of 2021. Examining crowding from multiple perspectives and incorporating multiple data elements provides investors a more holistic view. 

MSCI Blog

Factors in Focus: Go with the Flow?

Jul 1, 2021 Waman Virgaonkar, Hitendra D Varsani

In the latest edition of Factors in Focus, we look at flows into equity factor ETFs and whether it has been profitable, historically, to follow the money, along with our analysis of factor and factor-index performance over the second quarter.

MSCI Blog

Purifying Value

Jun 29, 2021 Waman Virgaonkar, Mehdi Alighanbari

Unintended exposure to non-value factors was a large contributor to value’s period of underperformance. We investigate value-portfolio construction when controlling for these exposures while maintaining maximum exposure to value factors.

MSCI Blog

Escaping to Equities for Yield

Jun 10, 2021 Arihant Jain, Mehdi Alighanbari

In today’s low-rate world, some investors shifted toward historically higher-yielding equities. For others, especially in the insurance industry, the greater risk limited their ability to do so. Was a minimum-variance equity approach a viable option?

MSCI Blog

Momentum on a Value Hunt

Jun 2, 2021 Abhishek Gupta, Ashish Lodh

Momentum, by definition, rotates into securities with recent outperformance. That said, investors who view value and momentum as contra-signals may have questions about the value-momentum convergence and the divergence of momentum and growth.

MSCI Blog

The Theory of (Value) Relativity

May 5, 2021 Waman Virgaonkar, Mehdi Alighanbari

Whether constructing a fundamental factor model, a value strategy or a value index, valuation ratios need context. Time-series and cross-sectional approaches each have pros and cons. But combining the two may have presented a clearer picture. 

The FaCS Report

The FaCS Report

The FaCS report allows investors to understand what is driving their investments and help them build better portfolios. In this report, we help investors compare point in time and historical factor exposures (10+ years) of 8,000+ Stocks, 11,000+ Mutual Funds and 1,500+ ETFs 
 

MSCI FaCS

MSCI FaCS

Introducing a common language for factors that aims to increase transparency and investors’ understanding of equity portfolios.

MSCI Crowding Solution

MSCI Crowding Solution

MSCI Crowding models help investors assess their exposure to crowdedness—of individual securities, factors and hedge fund holdings—gain insight into how the rest of the market is positioned, and navigate crowded markets by providing high quality, timely crowding information to make the best informed decisions to achieve their investment objectives.