Showing 61 - 70 of 260 entries
MSCI BlogSmall cap allocations may not be that straightforward
The low size factor, or the premium that has been historically realized by investing in smaller sized companies over longer time periods, forms an integral component of many institutional portfolios. However, investors can choose different ways to making a low size allocation.
MSCI BlogReturn of the cyclicals
U.S. equity investors in 2016 experienced a roller coaster ride. The U.K.’s vote to leave the European Union and the U.S. presidential election each resulted in sharp market moves. Together, the two events contributed to a shift in the underlying fabric of equity markets starting in the second half of the year.
MSCI BlogIntegrating ESG into Factor Portfolios
Over the past decade, many long-term institutional investors have incorporated Environmental, Social and Governance (ESG) considerations into their portfolios, by creating segregated ESG mandates or by incorporating ESG criteria across the entire portfolio.
MSCI BlogHow pure is your value?
Among the reasons that value firms sell at a discount to their intrinsic worth is that they tend to be more sensitive to shocks in gross domestic product compared with their growth counterparts. That may occur because of leverage, deployments of capital, risk-taking or something else that constrains value firms' abiliity to adapt to macroeconomic stresses.
MSCI BlogA smoother ride? Looking at factor-based asset allocation
On the surface, holding-based asset allocation appears to produce stability. But is what you see always what you get? We investigate the pros and cons of a factor-based approach.
MSCI BlogCAN ALPHA BE CAPTURED BY RISK PREMIA?
Traditional investment thinking posits that alpha depends on the active decisions of portfolio managers. The search for alpha is daunting, however, because even the best analysis can be upended if the market draws a different conclusion. In addition, geopolitical and macroeconomic events can change the market environment without warning.
MSCI BlogThe value factor marks a decade of disappointment
Call it a lost decade. The value factor recently marked 10 years of decline in the U.S.
MSCI BlogWHAT MATTERS FOR INVESTORS IN THE LONG RUN
Investors who aim to understand what drives returns over the long run might look to the Land of the Midnight Sun.
MSCI BlogSpeed bump or regime shift? Deconstructing the recent spike in equity market volatility
The week of Feb. 5 witnessed a return of market volatility not seen since the days of the euro crisis in 2011. After hovering near 10% for most of the past year, the level of the VIX briefly topped 50%. What caused the spike?
MSCI BlogWhy global small-cap stocks are becoming an important part of institutional portfolios
Institutional investors worldwide traditionally have tended to focus on the stocks of larger companies, finding them less risky, more liquid and offering greater investment capacity than small-cap stocks. But asset owners and managers increasingly are allocating strategically to the small-cap equity segment as part of their global equity portfolios i.e., via an “all-cap” approach.