In January 2016, the MSCI Minimum Volatility index had a clear valuation premium versus cap-weighted indexes such as MSCI World.
We believe that responsible investing considerations are integral to Acadian’s research agenda.
The surprising results of the 2016 U.S. presidential election have triggered a great deal of discussion around why most forecasts were off the mark and the sources of overconfidence in their precision.
Although Saudi Arabia took the first step toward opening its market in 2015, the Saudis are still working to accelerate what, to date, has been a slow process.
From April through August, emerging stocks outperformed, returning 8.6% versus 5.7% for MSCI World. The question now is whether emerging equities still warrant investor attention, or has the opportunity passed?
Several types of strategies intended to reduce risk might programmatically generate flows that could exacerbate a sell-off or a spate of volatility.
The concept of value is complex and dynamic, and inferences based on conventional wisdom could be misleading, especially if implemented through rudimentary value formulations.
Over the past year, frontier equities have outperformed emerging equities.
In November 2014, MSCI and S&P Dow Jones announced the creation of a new real estate sector within the Global Industry Classification System (GICS).
The U.K. is the second largest economy in the European Union and its potential exit could have important ramifications for the entire union.
Interest in value investing has risen and fallen for decades, and the past several years have marked another episode of significant underperformance for value-oriented strategies.
We believe emerging market equities are inexpensive on key valuation measures and that the current relative discount provides a sound basis for investment given the current economic and financial environment.
In our developed region/industry top-down model, our momentum, LEI,
value, and to a lesser extent, growth factors are driving forecasts.
Absolute performance of equity markets in 2015 was characterized by pockets of volatility and investor uncertainty.
Acadian’s investment process produced mixed results on a relative basis during the quarter, a period which was defined by sharp reversals in previous market trends.