Heidi Raubenheimer, CFA, managing editor of the Financial Analysts Journal, provides an overview of the Fourth Quarter issue of 2021, featuring the following articles: "Environmental, Social, and Governance Issues and the Financial Analysts Journal" "Capital Market Liberalization and Investment Efficiency: Evidence from China" "Index + Factors + Alpha" "Hedge Funds vs. Alternative Risk Premia" "Boosting the Equity Momentum Factor in Credit" "ESG Rating Disagreements and Stock Returns" "Tax-Loss ...
Oct 15, 2021•7 min
This is a summary of " ESG Rating Disagreement and Stock Returns ," by Rajna Gibson Brandon, Philipp Krueger, and Peter Steffen Schmidt, published in the Fourth Quarter 2021 issue of the Financial Analysts Journal.
Sep 23, 2021•6 min
This is a summary of " Capital Market Liberalization and Investment Efficiency: Evidence from China " by Liao Peng, Liguang Zhang, and Wanyi Chen, published in the Fourth Quarter 2021 issue of the Financial Analysts Journal.
Sep 22, 2021•6 min
This is a summary of " Tax-Loss Harvesting: An Individual Investor's Perspective ," by Kevin Khang, Thomas Paradise, and Joel Dickson, published in the Fourth Quarter 2021 issue of the Financial Analysts Journal.
Sep 21, 2021•6 min
This is a summary of " Index + Factors + Alpha ," by Andrew Ang, Linxi Chen, Michael Gates, and Paul D. Henderson, published in the Fourth Quarter 2021 issue of the Financial Analysts Journal.
Sep 10, 2021•6 min
This is a summary of " Hedge Funds vs. Alternative Risk Premia ," by Philippe Jorion, published in the Fourth Quarter 2021 issue of the Financial Analysts Journal.
Sep 06, 2021•5 min
This is a CFA Institute summary of " Boosting the Equity Momentum Factor in Credit ," published in the Fourth Quarter 2021 issue of the Financial Analysts Journal.
Aug 30, 2021•5 min
Heidi Raubenheimer, CFA, managing editor of the Financial Analysts Journal, provides an overview of the Third Quarter issue of 2021, featuring the following articles: "The Financial System Red in Tooth and Claw: 75 Years of Co-Evolving Markets and Technology" "Volmageddon and the Failure of Short Volatility Products" "Chinese and Global ADRs: The US Investor Experience" "To Bundle or Not to Bundle: A Review on Soft Commissions and Research Unbundling" "Decarbonizing Everything" "Hedge Fund Perfo...
Jul 15, 2021•7 min
To Bundle or Not to Bundle? A Review of Soft Commissions and Research Unbundling This is a summary of "To Bundle or Not to Bundle? A Review of Soft Commissions and Research Unbundling," by M. Bender, B. Clapham, P. Gomber, and J. Koch, published in the Third Quarter 2021 issue of the Financial Analysts Journal. To Bundle or Not to Bundle? A Review of Soft Commissions and Research Unbundling...
Jun 23, 2021•7 min
This is a summary of "Hedge Fund Performance: End of an Era?," by Nicolas P.B. Bollen, Juha Joenväärä, and Mikko Kauppila, published in the Third Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/research/financial-analysts-journal/2021/hedge-fund-performance
Jun 11, 2021•5 min
This is a summary of "Predicting Bond Returns: 70 Years of International Evidence" by Guido Baltussen, Martin Martens, and Olaf Penninga, published in the Third Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/research/financial-analysts-journal/2021/predicting-bond-returns
May 24, 2021•6 min
This is a summary of "Volmageddon and the Failure of Short Volatility Products," published in the Third Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/research/financial-analysts-journal/2021/volmageddon-failure-short-volatility-products
May 21, 2021•4 min
This is a summary of "Chinese and Global ADRs: The US Investor Experience," published in the Third Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2021/chinese-and-global-adrs
May 19, 2021•5 min
This is a summary of "Decarbonizing Everything," by A. Cheema-Fox, CFA, B. LaPerla, G. Serafeim, D. Turkington, CFA, and H. Wang, published in the Third Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2021/decarbonizing-everything
May 10, 2021•4 min
This is a summary of "Risk Mitigation of Corporate Social Performance in US Class Action Lawsuits," by Daniel V. Fauser and Sebastian Utz, published in the Second Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2021/risk-mitigation-csp-us-class-action-lawsuits
Apr 20, 2021•6 min
This is a summary of "Retirement Income Sufficiency through Personalised Glidepaths," by Michael E. Drew and Jason M. West, published in the Second Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2021/retirement-income-sufficiency-personalised-glidepaths
Apr 20, 2021•5 min
This is a summary of "Identifying Hedge Fund Skill by Using Peer Cohorts" by David Forsberg, David R. Gallagher, and Geoffrey J. Warren, published in the Second Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/research/financial-analysts-journal/2021/identifying-hedge-fund-skill-using-peer-cohorts
Apr 20, 2021•5 min
This is a summary of "Equity Investing in the Age of Intangibles," by Amitabh Dugar and Jacob Pozharny, published in the Second Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/research/financial-analysts-journal/2021/equity-investing-age-of-intangibles
Apr 20, 2021•4 min
This is a summary of "Active Trading in ETFs: The Role of High-Frequency Algorithmic Trading," by Archana Jain, Chinmay Jain, and Christine X. Jiang, published in the Second Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/research/financial-analysts-journal/2021/active-trading-in-etfs
Apr 20, 2021•4 min
This is a summary of the article "Maturity-Matched Bond Fund Performance" by Markus Natter, Martin Rohleder, and Marco Wilkens, published in the Second Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2021/maturity-matched-bond-fund-performance
Apr 20, 2021•5 min
Heidi Raubenheimer, managing editor of the Financial Analysts Journal, provides an overview of the Second Quarter issue of 2021, featuring the following articles: "Equity Investing in the Age of Intangibles" "Identifying Hedge Fund Skill Using Peer Cohorts" "Active Trading in ETFs: The Role of High-Frequency Algorithmic Trading" "Maturity-Matched Bond Fund Performance" "Risk Mitigation of Corporate Social Performance in U.S. Class Action Lawsuits" "Retirement Income Sufficiency through Personali...
Apr 15, 2021•8 min
This is a summary of "Enhanced Portfolio Optimization" by Lasse Heje Pedersen, Abhilash Babu, CFA, and Ari Levine, published in the Second Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2021/enhanced-portfolio-optimization
Apr 14, 2021•6 min
This is a summary of "Toward ESG Alpha: Analyzing ESG Exposures through a Factor Lens" by Ananth Madhavan, Aleksander Sobczyk, and Andrew Ang, published in the First Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2020/toward-esg-alpha
Mar 30, 2021•5 min
This is a summary of "Should Mutual Fund Investors Time Volatility?" by Feifei Wang, CFA, Xuemin (Sterling) Yan, and Lingling Zheng, published in the First Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2020/should-mutual-fund-investors-time-volatility
Mar 30, 2021•5 min
This is a summary of "Reports of Value's Death May Be Greatly Exaggerated," by Robert D. Arnott, Campbell R. Harvey, Vitali Kalesnik, and Juhani T. Linnainmaa, published in the First Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2020/reports-of-values-death-may-be-greatly-exaggerated
Mar 30, 2021•6 min
This is a summary of "Portfolio Choice with Path-Dependent Scenarios" by Mark P. Kritzman CFA, Ding Li Grace (TianTian) Qiu, David Turkington CFA, published in the First Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2020/0015198X-2020-1841539
Mar 30, 2021•6 min
This is a summary of "Levered and Inverse Exchange-Traded Products: Blessing or Curse?" by Colby J. Pessina and Robert E. Whaley, published in the First Quarter 2021 issue of the Financial Analysts Journal. Summary: https://www.cfainstitute.org/en/research/financial-analysts-journal/2020/levered-and-inverse-exchange-traded-products
Jan 19, 2021•6 min
Heidi Raubenheimer, managing editor of the Financial Analysts Journal, provides an overview of the First Quarter issue of 2021, featuring the following articles: "Levered and Inverse Exchange-Traded Products: Blessing or Curse?" "Should Mutual Fund Investors Time Volatility?" "Reports of Value's Death May Be Greatly Exaggerated" "Toward ESG Alpha: Analyzing ESG Exposures through a Factor Lens" "Portfolio Choice with Path-Dependent Scenarios"
Jan 18, 2021•5 min
A summary of "Provision of Longevity Insurance Annuities" by Dale Kintzel and John A. Turner, published in the Fourth Quarter 2020 issue of the Financial Analysts Journal . Summary https://www.cfainstitute.org/en/research/financial-analysts-journal/2020/provision-of-longevity-insurance-annuities
Oct 16, 2020•5 min
A summary of "Factor Exposure Variation and Mutual Fund Performance," by Manuel Ammann, Sebastian Fischer, and Florian Weigert, published in the Fourth Quarter 2020 issue of the Financial Analysts Journal . Summary http://www.cfainstitute.org/en/research/financial-analysts-journal/2020/factor-exposure-variation
Oct 16, 2020•3 min
