Factor investing has never been as popular as it is today. However, with the propagation of this type of investment approach, the equity space is becoming increasingly saturated with more and more…
Using a novel database, we show that the stock-price impact of analyst trade ideas is at least as large as the impact of stock recommendation, target price, and earnings forecast changes, and that…
This note describes the background of factor investing in its Smart Beta form, and discusses the reasons factor investing has become a popular investing style. We also discuss a number of reasons for…
