Watch the latest edition of our Factors in Focus video series as we discuss the historical relationships between factor returns and macro cycles

Hitendra Varsani, executive director in core equity research, discusses recent factor performance and provides insights to place it in historical context.

Hitendra Varsani returns with his quarterly analysis of factor performance, including the question of sustainability of the rally in momentum stocks, the potential opportunity in small caps and new research into the historical impact inflation has had on factors.

Methodology

Factor Indexes

Research Paper

The perennial appeal of value investing is based on the excellent long-term performance of global value stocks. Investors today use various approaches to identify and compare the exposure of stocks with "value" characteristics that help explain risk and return. In this Research Spotlight, we create a common definition of “value” and examine how value strategies can be implemented, in both active and passive portfolios, using three generations of value indexes as examples.

Indexes Factor Indexes Value Weighted

Research Paper

The perennial appeal of value investing is based on the excellent long-term performance of global value stocks. Investors today use various approaches to identify the exposure of stocks with “value” characteristics that help explain risk and return.  In this Research Insight, we create a common definition of “value” and examine how value strategies can be implemented, in both active and passive portfolios, using three generations of value indexes as examples.

Indexes Factor Indexes Value Weighted

Methodology

Factor Indexes

Methodology

Factor Indexes

Research Paper

Over the recent years, the impact of the macroeconomic regime on their investments has grown in importance for institutional investors. As a result, institutional investors have started explicitly accounting for macroeconomic conditions in their asset allocation decisions.This paper attempts to provide a framework for designing macro-sensitive portfolios, building on historical analysis using our 40+ years' history of MSCI Factor and Sector Indexes, and a long-term analysis based on the...

Indexes Factor Indexes Minimum Volatility Indexes MSCI Size Indexes MSCI Sector Indexes

Methodology

Factor Indexes