Feb 21, 2019

Evaluating Emerging-Market Stocks through a Governance Lens »

Raina Oberoi , Anil Rao

Emerging-market stocks generally are perceived to have lower governance standards than their developed-market counterparts. Less transparency is one factor behind this view. Some emerging-market companies may also disadvantage minority shareholders. How can active and index-based investors address these issues?

Feb 6, 2019

What Fed monetary policy has meant for factors »

Raina Oberoi , Abhishek Gupta

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.

Sep 18, 2017

Why Are Small Caps Different? »

Raina Oberoi

A lot has been written about the persistence of the global small-cap premium. But what, apart from size, distinguishes small-cap stocks from their large- and mid-cap counterparts, and how can these distinctions help institutional investors?

Jun 15, 2017

Global small-cap fund capacity: no small matter »

Raina Oberoi

In recent years, pension funds around the world increasingly have shed their home bias and made global small-cap allocations.

Mar 16, 2017

Why global small-cap stocks are becoming an important part of institutional portfolios »

Raina Oberoi

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.