The changes facing many investment management firms are significant. In 2020, many investment management firms are highly motivated to cross boundaries in search of profitable growth. Crossing…
This paper discusses the valuation framework applicable to equity and debt securities as well as important concepts related to performing and overseeing the valuation process as it pertains to these…
We document economically large momentum profits when sorting ETFs on returns over the past two to four years. A value-weighted, long-short strategy based on ETF momentum delivers Carhart (1997) four-…
