Among other things, this 39-page issue of Risk & Reward examines how to implement a multi-factor commodity strategy. Factor investing research to date has generally focused on equities.…
The S&P GIVI (Global Intrinsic Value Index) Japan outperformed its benchmark index, the S&P Japan BMI, by 2.46% in Q4 2018 and 2.48% for the entire year.1 Since its launch in March 2012, the…
If we asked investors how stocks are likely to perform relative to bonds, what would they generally say? Historically, stocks have produced higher excess returns over the long run, both on an…
