Copyright@ Institutional Investor, Inc. All rights reserved. investment). However, it is critically
important to understand that MPT is a theory that is independent of any theories about asset …

It's been over 20 years since the academic discovery of momentum investing (Jegadeesh
and Titman (1993), Asness (1994)), yet much confusion and debate remains regarding its …

Value investing has been a part of the investment lexicon for at least the better part of a
century. In particular the diversified systematic “value factor” or “value effect” has been …

In Exchange-Traded Funds and the New Dynamics of Investing, Ananth Madhavan
examines the quiet transformation of asset management through the rise of passive or index …

The objective of this study is to investigate the effects of ESG components on financial
products by using high yield bond exchange traded funds (ETFs). For the objective, we …

Exchange-traded funds (ETFs) have grown substantially in diversity, market significance,
and size in recent years. As a consequence, there is increased interest by practitioners in …

The increasing popularity of factor investing has led to valuation concerns among some
contrarian-minded investors, and fears of imminent mean-reversion and underperformance …

We show that during the 2020 Covid-19 crisis:(a) Bond ETFs acted as vehicles of price
discovery, and with prices often close to their intrinsic values, despite deviations from net …

▪ The synthetic ETF market in Canada has a high concentration of counterparty risk
compared with other jurisdictions. However, given the small size of this market segment, it …

The over-the-counter global corporate bond market, characterized by opacity and illiquidity,
is undergoing a rapid transformation driven by new regulations and technology. Bond …