When Hindsight Becomes Foresight: Replicating Investment Performance
Introduction We have analyzed dozens of public and private market investment strategies,…
Factor Performance: Will the Comeback Persist?
Factors are the primary market drivers of asset-class returns. In the equity…
Decision Attribution: Portfolio Manager Skill vs. Past Performance
A portfolio manager’s job is to make decisions — all day, every…
Bitcoin Mining and Local Stock Market Performance Correlations
Crypto is an uncorrelated asset class, according to its proponents, and as…
Diversity and Investment Performance: What Trade-Off?
Is there a trade-off between diversity and investment performance? It’s a common…
Sector and Factor Performance in Wartime
Introduction Before 2020, the threat of a global pandemic shutting down the…
New Breed of Private Capital Firms Will Face Performance Headwinds
Under the private equity fundraising model, every few years fund managers secure…
