Showing 21 - 30 of 63 entries
MSCI BlogWhere were the (factor) crowds this summer?
When factors have historically become crowded, they’ve often experienced significant drawdowns in subsequent months. Which factors were relatively crowded at the end of 2018 — and how did they perform in the first half of 2019?
MSCI BlogMore than a feeling: Quantifying consumer sentiment
Among a flood of alternative data sources, consumer sentiment based on citations online stood out.
MSCI BlogFactors in Focus: Dynamic short term, strategic long term
We review factor performance over the second quarter, provide the perspective of a long-term view and look to indications from our adaptive multi-factor model heading into Q3.
MSCI BlogLessons from Woodford: Shutting the barn door after the horses have bolted
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.
MSCI BlogFactors in Focus: Risky start. Quality finish.
We highlight the fast-moving rotation among factors that continued during Q1 2019. As we move into Q2 2019, this framework showed allocation changes in different factors.
MSCI BlogWhat market volatility has meant for factors
As investors continue to focus on factor investing in periods of heightened volatility, we ask how volatility has affected factor performance.
MSCI BlogWhat Fed monetary policy has meant for factors
As interest rates in the U.S. started increasing in late 2015, many investors expressed concerns over the impact that rising rates could have on their investments. However, the tone of the U.S. Federal Reserve (the Fed) shifted from “we’re a long way from neutral” in October last year to a more accommodative stance of “we will be patient” early this year, re-emphasizing that expression at the January 2019 Federal Open Market Committee meeting.
MSCI BlogShould we be surprised by earnings surprises?
Early 2019 earnings season has already contained a number of high-profile surprises, such as Facebooks's, but how predictable are these surprises, and what happens when earnings surprises return to trend?
MSCI BlogWhat has affected minimum volatility index performance?
As we head further into 2019, some of last year’s concerns, including market volatility and interest-rate uncertainty, continue to occupy investors’ minds. With the assumption that rates-related concerns continue and uncertainty looms in the global equity markets, the question is how minimum volatility indexes behaved in an environment dominated by these two opposing forces.
MSCI BlogFactors in Focus: Navigating turbulent markets
In this inaugural Factors in Focus, we highlight the fast-moving rotation among factors that may have impacted investor portfolios during 2018, and we look to indications from our adaptive multi-factor framework. As 2019 began, this framework showed an overweight allocation to minimum volatility and quality, an underweight allocation to value, low size and momentum, and a neutral position on high dividend yield relative to a six-factor equally-weighted mix.