Showing 11 - 20 of 63 entries
MSCI BlogDid corporate-credit factors offer a risk-return edge?
Factors have gained popularity in equity investing for providing insight into the key drivers of portfolio risk and returns. Did tilting hypothetical fixed-income portfolios toward some bond-specific factors benefit investors?
MSCI BlogFactors in Focus: Will 2020 vision sharpen exposures?
Some global equity markets reached all-time highs and experienced limited bouts of volatility over the course of 2019. But underneath the calm surface, we saw a high degree of dispersion among factors and sectors.
MSCI BlogFactors behind value’s underperformance
As the relationship between U.S. value factors’ exposures and returns deteriorated over the last decade, U.S. momentum’s return patterns improved. We examine the value-momentum relationship and contributions of other style factors to value’s performance.
MSCI BlogDid insider transactions have secrets to tell?
Company insiders’ trading of their company’s stock is usually subject to strict rules, including public disclosure. Did observing insider transactions provide more information about expected company performance than traditional sources?
MSCI BlogBeware high dividend yield traps
During low interest-rate, high-volatility environments, some investors have turned to high dividend-paying stocks. However, overly simplistic approaches to selecting dividend-paying securities exposed investors to potential “yield traps.” Could these traps have been avoided?
MSCI BlogValue investing is down. But is it out?
Value stocks generally underperformed the broad U.S. equity market over the past decade — just as they did in the late 1990s. What drove that underperformance? Was it consistent globally? Within U.S. sectors?
MSCI BlogFactors separated fact from fiction
Technological advances have expanded the application of factors. What was the realm of quantitative investors has become more accessible, bringing greater transparency and potential insight into portfolio characteristics and performance drivers.
MSCI BlogFactors in Focus: Momentum hits a valuation speed bump
The momentum-value spread saw one of the largest corrections in history over the summer. What does our model show going forward?
MSCI BlogGrowth’s recent outperformance was and wasn’t an anomaly
Growth strategies have outperformed value strategies in recent years. Is growth’s recent performance an anomaly when we look at it in a long-term context? The answer: It depends on what you mean by a growth strategy.
MSCI BlogBack-to-school (momentum) blues?
The U.S. price momentum factor, which we highlighted for elevated crowding scores and vulnerability to negative performance at the end of June, suffered sizable drawdowns in the first seven trading days of September.