The Impact of AI on SaaS: A Risk Framework for Investors
by Jim Masturzo, Research Affiliates Key Points Rapid development of AI technology poses a direct threat to the…
April 15, 2026
When Will AI Be Both Powerful and Profitable?
by Chris Brightman, Research Affiliates Key Points Today’s historic level of AI capex generates headlines but may conflate…
April 8, 2026
Why Value, Quality, and Momentum Belong Together
by Noah Beck and Que Nguyen, Research Affiliates Key Points The Research Affiliates systematic active equity investment process…
March 11, 2026
Should Trend Follow Carry: Lessons from Bonds, Gold, and 2022
by Jim Masturzo, Colin Suvak, Research Affiliates Key Points Carry is an important return driver for multi-asset futures…
February 26, 2026
2025’s Implications for the Future: “Some Like it Hot"?
by Jim Masturzo, Research Affiliates Key Points The shift away from the low-rate, low-inflation environment of the past…
February 6, 2026
Financialization: How Deficits Inflate Profits and Equity Valuations
by Chris Brightman & Alex Pickard, Research Affiliates Key Points U.S. fiscal deficits fund rising entitlement spending that…
December 9, 2025
Why Hold Expensive Slow-Growing Stocks? An Alternative Framework for Value and Growth Indices
by Chris Brightman, Campbell Harvey, Que Nguyen, Omid Shakernia, Research Affiliates Key Points Because traditional style indices are…
November 6, 2025
Stop the Losses!
by Jay Jeon & Jim Masturzo, Research Affiliates Key Points Even thoughtfully managed strategies may underperform or suffer…
October 23, 2025
Rob Arnott: Reinventing Cap-Weighted Indexing
by Rob Arnott and Lillian Wu, Research Affiliates Key Points By design, the structure of traditional cap-weighted index…
September 11, 2025
False Choices, Real Costs: Structural Flaws in the Growth–Value Duality
by Omid Shakernia & Que Nguyen, Research Affiliates Key Points This article is a companion to the longer…
July 29, 2025
Expand Your Mind and Your Commodity Universe
by Ben Chen, Jim Masturzo, Research Affiliates Key Points Expanding the commodity universe beyond the traditional index constituents…
July 2, 2025
Passive Aggressive: The Increasing Risks of Passive Dominance
by Chris Brightman, Campbell Harvey, Forrest Henslee, Research Affiliates Key Points Passive capitalization-weighted index funds now surpass active…
June 5, 2025
Walking the Tightrope: Trend Following’s Tricky Tradeoffs
by Jim Masturzo, Partner, Chief Investment Officer, Multi-Asset Strategies, Research Affilates Key Points Trend-following strategies can offer attractive,…
May 7, 2025
Gold $5,000?
by Campbell Harvey, PhD Partner, Senior Advisor, Director of Research, Research Affiliates Key Points Gold’s recent price surge…
April 24, 2025
Adventures of The OG Quant
by Rob Arnott, Research Affiliates The title was chosen by me, not Dean. He’s too humble to call…
February 26, 2025