The world has witnessed the adverse impact of the COVID-19 pandemic. Accordingly, it is
expected that information transmission between equities and digital assets has been altered …

A comprehensive guide to investment analysis and portfolio management by an expert team
from the CFA Institute In a world of specialization, no other profession likely requires such …

Are factor characteristics more informative when compared with the entire investment
universe or a relevant subset of peers? Motivated by a belief that the answer is dependent …

A comprehensive guide to the key investment decisions all investors must make and how to
manage the risk that entails Since all investors seek maximize returns balanced against …

This examination of developed and emerging markets suggests that toward the end of the
20th century, sector effects caught up with country effects in the developed markets of the …

Based on the idea that each industrial sector responds to macro-economic factors, economic
policies and news in a different and unique way, portfolio managers, risk managers and …

The distinction between domicile and place of business is becoming more and more
relevant as a growing number of firms have activities abroad. In most statistical studies of …

This paper investigates the time series of realized correlations between global industries
and the world market over the 1979–2008 period. The behavior of industry correlations is …

Hiring the right manager is crucial in capturing the alpha potential of a fully global approach
to equity investing. Since 1999, global equity managers, as a whole, have outperformed a …

Value-tilted global equity portfolios that are either region-neutral or industry-neutral have
particular risk and return properties relative to the world index. Over 1993-2005, a global …