The question is whether or not this more diverse approach to smart beta, known as factor investing, will be enough to perform in a period of heightened volatility. Felix Goltz, head of applied research at EDHEC Risk Institute in Paris, says it depends on the factors. “Even in multi-factor strategies, if they include one or several factors that are defensive, you can get interest-rate exposure,” he explains.
The question is whether or not this more diverse approach to smart beta, known as factor investing, will be enough to perform in a period of heightened volatility. Felix Goltz, head of applied research at EDHEC Risk Institute in Paris, says it depends on the factors. “Even in multi-factor strategies, if they include one or several factors that are defensive, you can get interest-rate exposure,” he explains.
Type : | Article de presse |
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Date : | le 01/08/2017 |
Source : | Euromoney Institutional Investor PLC |