An analysis of potential investment returns to the year 2100 led us to consider four themes that we think will have a pervasive influence over the rest of the century: low bond yields,…
In 2019 the S&P 500 had the largest single-year gain in multiple expansion since 1991, which helped to make up for the index’s 2018 P/E multiple contraction and total return loss. The rising…
This report explores alternative index approaches, minimum variance, low volatility factors, defensive multi-factor strategies and target exposure factors.
