Section
Factors
57 posts
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…
Hype vs. High Conviction
A Quality Approach to Investing in AI.
Market Internals: Stability Is the Headline. Repricing Is the Reality.
Thirty-one trading sessions into 2026, the S&P 500 looks steady. That’s the headline. But as Citadel Securities' Scott…
Quality = Value
by Richard Bernstein, Richard Bernstein Advisors By the end of 2025, the US equity market was narrower for…
The Long View: Party like it’s (not) 1999
ClearBridge Investments: Despite bubble fears, there are several key differences between the late 1990s and today that we believe bode well for US equities in the year to come.
The Case for Core International Equity Exposure
Michael Greenberg, Head of Americas Portfolio Management at Franklin Templeton explains why international equities are no longer a tactical side bet, but a structural core allocation—and how disciplined portfolio construction is becoming the real source of durability
Why we believe quality stocks are mispriced
by Jon Eggins, CFA, Megan Roach, Nick Haupt, Russell Investments Key takeaways Quality stocks have underperformed this year amid…
Is the High-Beta Train on the Right Track for Long-Term Investors?
by AllianceBernstein Research US equity markets have been on a roll in recent months, but what’s been…
Navigating Paradigm C: Darius Dale on Fiscal Dominance, Fed Policy, and the Future of Investing
A sweeping, data-driven diagnosis of the U.S. economy, policy regime shifts, and the investment strategies retail and institutional investors alike should be considering, according to 42 Macro's Darius Dale.
Many Happy (Fundamental) Returns
by Tom Hancock, Anthony Hene and Ty Cobb, GMO LLC There aren’t many laws of investing, but our…
Making Sense of Low-Volatility Investing in Today’s Market
For over fifty years, the so-called “low-volatility anomaly” has quietly challenged a core belief in investing: that more…
From Theory to Trillions: How DFA's David Booth Transformed Investing by Trusting the Science
Opening the Data Vault: The Birth of Modern Finance When David Booth walked the halls of the University…
Jigsaw Puzzle: Growth vs. Value
by Liz Ann Sonders, Chief Investment Strategist, & Kevin Gordon, Charles Schwab & Company Ltd. Growth and value…
Vanguard’s 2025 Outlook: Beyond the Soft Landing and Into Uncharted Tensions
As the world gears up for 2025, Vanguard’s Chief Global Economist, Joseph Davis, and team have released a…
The Greatest Scourge in Factorland: Revaluation Alpha = Fake Alpha (JPM Series)
by Rob Arnott, Research Affiliates Key Points Alpha is not merely a simple risk-adjusted return difference; rather, it…
Quality: The Real McCoy
2024 ETF Update by Kim Mayer, Research Analyst, GMO LLC Executive summary At GMO we have spent the…