by Steven Quimby | Jul 13, 2022 | Asset Management, Portfolio Construction, Process Alpha
Have You Considered Running a Center Book? Multi-manager and multi-analyst fund management organizations generate a huge amount of asset selection information with the potential to add alpha to the firm, but few truly maximize the value of that information in the...
by Steven Quimby | Apr 11, 2022 | Portfolio Construction, Process Alpha
Do You Understand Why Portfolio Construction Matters? Traders often say the right idea at the wrong time is as bad as the wrong idea. Similarly, a poorly constructed portfolio of good ideas can destroy most, or even all, of the alpha in a PM’s stock selection. Despite...
by Steven Quimby | Jun 23, 2021 | Portfolio Construction, Process Alpha, Risk Management
Know Your Factor Risk Bets Summary: Residual factor risk is a critical consideration in the portfolio construction process. The reversal of long-standing factor trends in 2020 and 2021 have underlined the importance of Knowing Your Factor Bets. Factor shocks can...
by Steven Quimby | May 3, 2021 | Equities, ORS Systematic Thematics
ORS Systematic Cannabis Portfolio Summary: Systematic portfolio construction techniques can help institutional investors build better thematic investment portfolios. In this example we create a long-only systematic Cannabis portfolio using the Sherpa’s...
by Steven Quimby | Apr 9, 2021 | Equities, Portfolio Construction, Process Alpha
Delivering The Long/Short Equity Portfolio Your Investors Want Summary: The equity long/short space is a very large but extremely competitive portion of the hedge fund universe. Different long/short equity portfolio strategies such as long-bias or pure market-neutral...
