In addition to attractive returns, many hedge funds claim to provide significant diversification
for traditional portfolios. This paper empirically examines the return and diversification …

Political risk represents a more important determinant of stock returns in emerging than in
developed markets. Using analyst estimates of political risk, we show that average returns in …

Book-to-market ratio (BE/ME), market equity (ME), and 1-year past return (momentum)(MOM)
help explain the cross-section of expected individual stock returns within the US and other …

Clifford S. Asness, Jacques A. Friedman, Robert J. Krail, and John M. Liew si m fo ea po ve
w st re o st le de an po an ti va w gr th fir va E m to gr w ar sp tion for the value spread, we …

Critics of international diversification observe that it does not protect investors against short-term
market crashes because markets become more correlated during downturns. Although …

We define “deep value” as episodes where the valuation spread between cheap and expensive
securities is wide relative to its history. Examining deep value across global individual …

Huntington’s disease is a neurodegenerative disorder involving psychiatric, cognitive and
motor symptoms. Huntington’s disease is caused by a tandem-repeat expansion in the …

Using analyst estimates of political risk, we show that political risk represents a more important
determinant of stock returns in emerging than developed markets. Average returns in …

Insulin-like peptide 5 (INSL5), the natural ligand for the relaxin family peptide receptor 4 (RXFP4),
is a gut hormone that is exclusively produced by colonic L-cells. We have recently …

Bispecific antibody (bsAb), a novel therapeutic modality, provides excellent treatment efficacy,
yet poses numerous challenges to downstream process development, which are mainly …