Factor Series | Quality

Ranking stocks on the basis of “quality” may seem like an avant-garde technique, but it’s far from it, where the technique is well-established and has been used by fund managers for decades. In fact, readers of “The Intelligent Investor” (1949) by Benjamin Graham...

Factor Series | Momentum

“Go with the flow”,“Don’t fight the Fed”,“The trend is your friend”. All of these statements confirm one simple idea, that the momentum of markets is a critical factor to consider in the positioning of your portfolio. If you want the quintessence of momentum trading...

Factor Series | Value

Deciding how to allocate hard earned money in an environment of record low interest rates has meant as an investor you’ve been pushed to take more risk. As Mike highlighted in yesterday’s note regarding growth factors, that progression meant you were pushed to follow...

Factor Series | Growth

Growth investors have enjoyed a stellar decade, supported by an equity bull market and record low interest rates. However, with increasing inflationary expectations and lofty growth stock valuations, investors have begun to rotate into other areas of the market. We...

Factor Investing – An Introduction

When Max wrote his morning note regarding Private Equity investment last week, we had a discussion around the desks that border our equity and fixed income trading teams about what constitutes an asset class, and whether private equity is an asset class onto itself....