Evolve your tactical asset allocation by redefining TAA
Authors: Mark Lynch, ...
Tactical asset allocation (TAA ) strategies have long sought to deliver equity-like returns without the market risk of a pure equity allocation. However, such strategies have enjoyed mixed success, which has...
File under: Constructive thinking on active allocations
Shaping bond allocations to hedge equity risk: Think carry, not just correlation
During a crisis, we are told, “all correlations go to one”. A correlation that does not go to one, though, is that of perceived safe-haven bonds to equities. In periods of market stress, when...
Can dividend-paying companies weather increased rate uncertainty?
作者: Gabriel Kim, CFA
The US Federal Reserve (the Fed) has raised the fed funds rate four times since late 2015, and the US 10-year Treasury rate is notably above its pre-US election levels. Now, after years of a low-interest-rate...
File under: Preparing for reflation and rising rates
Equity long/short funds: Are the good times gone or does skill still matter?
Since the Global Financial Crisis (GFC), the world has been awash in liquidity. The prolonged and unprecedented use of monetary stimulus has stabilized growth, returned major developed markets to full...
File under: Desire for upside, fear of downside: Can alternatives help?, Preparing for reflation and rising rates, Constructive thinking on active allocations
