Invesco's Jubilee edition of Risk & Reward magazine compiles excerpts from Invesco thought leadership over the past 30 years. In the accompanying video, Invesco's CIO, Bernhard Langher,…
This podcast discussion, which hosts Wesley Gray of Alpha Architect as guest, illuminates the nuanced nature of factor investing, behaviour versus risk-based factor premiums and active management…
This paper shows that low risk anomalies in the CAPM and in traditional factor models arise when investors require compensation for coskewness risk. Empirically, we find that option-implied ex-ante…
