Factor

Governments around the world have deployed massive stimulus to battle the economic effects of COVID-19. And as economies reopen, there is a fear of rising consumer prices. As a result,…

What role does firm size play in the relationship between board gender diversity and firm performance? Sana Mohsni and Alia Shata of Carleton University explored that question in their 2021…

Introduction Before 2020, the threat of a global pandemic shutting down the world economy was not a top-of-mind concern for most investors. Pandemics were nothing new, of course, but no…

Profitability metrics are often the main focus in the search for high-quality stocks. But Profitability is not a defensive factor and may expose investors to a company’s aggressive profit-chasing, among…

The size factor is among those equity risk factors that have provided a premium over the longer term. Recently, however, some researchers have expressed doubt about its utility based on…

Factors are the primary market drivers of asset-class returns. In the equity realm, only a limited set of rewarded factors are backed by academic consensus: Value, Size, Momentum, Low Volatility,…

Despite a brief return to normalcy in 2022, equity factor strategies have experienced performance challenges relative to cap-weighted indexes since the COVID-19-induced market crash of 2020. While there are many…