by Richard Waddington | Oct 14, 2023 | Asset Management, Process Alpha
AI, IA and AM: Robots for Asset Managers Everybody has heard about Artificial Intelligence, or A.I. However for asset managers I.A., or Intelligence Augmentation, is far more important. A.I. has long been part of the public consciousness, more due to Sci-Fi than...
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 Richard Waddington | Oct 14, 2020 | Asset Management, Portfolio Construction, Process Alpha, Uncategorized
Robo-Advisors, 2/3rds of the way there… It’s 2018, Robo-cop doesn’t yet exist, but Robo-Advisors are very much ‘in’. And it’s not hard to see why. Businesses like US-based Wealthfront and UK-based Nutmeg promise to build anyone a portfolio that suits their risk...
by Richard Waddington | Oct 2, 2019 | Portfolio Construction, Process Alpha
To build the perfect portfolio, answer these 4 questions It’s fair to say that good Portfolio Managers earn their keep. Building an investment portfolio is a rigorous process that involves research, knowledge and diligence, as well as good instincts and strong...
