OneTrust Cookie Consent

Navigation

  • Skip to Content
  • Client Log In
  • Investor relations
  • Sustainability Institute
  • Subscribe
  • Contact us
  • Careers
  • Language
  • Go back to Main Menu
  • Client Log In
  • MSCI ONE
  • MSCI Client Support Site
  • Barra PortfolioManager
  • BarraOne
  • MSCI ESG Manager
  • MSCI ESG Direct
  • Global Index Lens
  • MSCI Real Assets Analytics Portal
  • RiskManager 3
  • CreditManager
  • RiskManager 4
  • Index Monitor
  • MSCI Datscha
  • MSCI Real Capital Analytics
  • Go back to Main Menu
  • Language
  • English
  • Chinese
Navigation

Navigation Menu

  • Our Clients
    • Go back to Main Menu
    • Our Clients
    • Asset Managers
      • Featured

        Insights on MSCI One
    • Asset Owners
      • Featured

        Institutional Client Designed Indexes (iCDIs)
    • Banks
      • Featured

        Total Portfolio Footprinting
    • Corporates
      • Featured

        ESG Trends to Watch
    • Hedge Funds
      • Featured

        Factor Models
    • Insurance
      • Featured

        Total Portfolio Footprinting
    • Wealth Managers
      • Featured

        Visualizing Investment Data
  • Our Solutions
    • Go back to Main Menu
    • Our Solutions
    • Analytics
      • Go back to Our Solutions
      • Analytics
      • Analytics Overview
      • Crowding Solutions
      • FactorLab
      • Fixed Income Analytics
      • Managed Solutions
      • Multi-asset Class Factor Models
      • Portfolio Management
      • Quantitative Investment Solutions
      • Regulatory Solutions
      • Risk Insights
    • Climate and Net-Zero
      • Go back to Our Solutions
      • Climate and Net-Zero
      • Climate and Net-Zero Overview
      • Biodiversity
      • Featured

        Implied Temperature Rise
      • Climate Indexes
      • Climate Lab Enterprise
      • Featured

        Net-Zero Tracker
      • Real Estate Climate Solutions
    • ESG Investing
      • Go back to Our Solutions
      • ESG Investing
      • ESG Investing Overview
      • Featured

        Trends 2023
      • ESG Fund Ratings and Climate Search Tool
        • Featured

          ESG and Climate Funds in Focus
      • ESG Indexes
        • Featured

          Role of Capital in the Net-Zero Revolution
      • ESG Ratings
        • Featured

          What is ESG
      • Impact Solutions
        • Featured

          Role of Capital in the Net-Zero Revolution
      • Sustainable Finance Solutions
        • Featured

          Role of Capital in the Net-Zero Revolution
    • Factor Investing
      • Go back to Our Solutions
      • Factor Investing
      • Factor Investing Overview
      • Featured

        MSCI Japan Equity Factor Model
      • Equity Factor Models
      • FaCS
      • Factor Indexes
    • Indexes
      • Go back to Our Solutions
      • Indexes
      • Indexes Overview
      • Client-Designed
      • Climate
      • Direct Indexing
      • ESG
      • Factor
      • Fixed Income
      • Market Cap
      • Real Assets
      • Thematic
        • Featured

          Thematic Exposure Standard
      • Resources
        • Go back to Indexes
        • Resources
        • Resources Overview
        • Communications
        • Education
        • Equity Factsheets
        • Index Licensing
        • Methodology
        • Performance
        • Regulation
        • Tools
    • Real Assets
      • Go back to Our Solutions
      • Real Assets
      • Real Assets Overview
      • Featured

        Real Estate Market Size
      • INCANS
      • Index Intel
      • Portfolio Services
      • Property Intel
      • Real Assets Performance Indexes
      • Real Capital Analytics
  • Research & Insights
    • Go back to Main Menu
    • Research & Insights
    • Featured

      Trends 2023
    • Research & Insights
      • Go back to Research & Insights
      • Research & Insights
      • Research & Insights Overview
      • Climate
      • ESG
      • Equities
      • Factor Investing
      • Fixed Income
      • Multi-Asset Class
      • Real Estate
    • Events
      • Go back to Research & Insights
      • Events
      • Events Overview
      • Featured

        Capital for Climate Action Conference
      • On Demand
      • Webinars
  • Technology
    • Go back to Main Menu
    • Technology
    • Data Explorer
    • Developer Community
    • Technology and Data
  • Who We Are
    • Go back to Main Menu
    • Who We Are
    • About Us
      • Featured

        2022 Annual Report
    • Corporate Responsibility
      • Go back to Who We Are
      • Corporate Responsibility
      • Corporate Responsibility Overview
      • Enabling Sustainable Investing
      • Environmental Sustainability
      • Governance Practices
      • Social Practices
      • Sustainability Reports and Policies
    • Diversity, Equity and Inclusion
    • Media Room
    • Our Leadership
      • Featured

        Henry A. Fernandez
    • Recognition
  • Client Log In
  • Investor relations
  • Sustainability Institute
  • Subscribe
  • Contact us
  • Careers
  • Language
  • Go back to Main Menu
  • Client Log In
  • MSCI ONE
  • MSCI Client Support Site
  • Barra PortfolioManager
  • BarraOne
  • MSCI ESG Manager
  • MSCI ESG Direct
  • Global Index Lens
  • MSCI Real Assets Analytics Portal
  • RiskManager 3
  • CreditManager
  • RiskManager 4
  • Index Monitor
  • MSCI Datscha
  • MSCI Real Capital Analytics
  • Go back to Main Menu
  • Language
  • English
  • Chinese

Main Search

Popular searches:
ACWI Research ESG Factor Investment Insights Gallery Asset Owners
Might interest you:
The Future of Factor Investing

Social Sharing

Extended Viewer

The Future of Factor Investing

Jan 7, 2022

The possibility of capturing factors transparently and integrating them into different investment vehicles has created disruption in the asset-allocation process and presented new opportunities for investors to express active investment views. We explore how innovation in factor investing is reshaping the traditional asset-allocation paradigm and discuss the resulting portfolio-construction and investment-governance challenges brought about by this dislocation. ©2022 With Intelligence. Republished with permission from the Journal of Portfolio Management, from: Melas, Dimitris. 2022. “The Future of Factor Investing.” Journal of Portfolio Management 48, no. 2 (January 2022).


Download Report

Research authors

  • Dimitris Melas, Managing Director, MSCI Research

Related Content

Factors in Focus: Are Your Equity Styles Ahead of the Curve?

If economic expansion and higher inflation continue in 2022, interest rates could rise around the world. As investors re-evaluate equity portfolios, we look at factor-index performance in different U.S. interest-rate and yield-curve regimes.

Read More

Machine Learning Factors Capturing Non Linearities in Linear Factor Models

The linear factor model has been a workhorse for understanding portfolio exposures, risk and performance for many years. But the idea that relationships between factor exposures and returns must be linear is not etched in stone.

Learn More

A Consumer Sentiment Factor from Web Content

The explosion in alternative data has been a blessing and a curse to investment managers. We have identified one source that provided unique and uncorrelated information when added to analysis of traditional factors and other measures of sentiment.

Explore More
msci logo
  • Terms of Use
  • Legal
  • Modern Slavery Statement
  • Privacy notice
  • Index regulation
  • Locations
  • Cookies
  • Use of ISO standards
  • Site map
Subscribe Contact us
© 2023 MSCI Inc. All rights reserved

UtmAnalytics