Foundations of Factor Investing
categories: Indexes, BENDER Jennifer, Research Paper, MELAS Dimitris, Indexes, AYLUR SUBRAMANIAN Raman, general
Factor investing has become a widely discussed part of today’s investment canon. This paper is the first in a three-paper series focusing on factor investing. In this paper we lay out the rationale for factor investing and how indexation can capture factors in cost-effective and transparent ways.
 The next papers series cover various aspects of implementation including use cases we have seen.