white papers

About a third of securities trading firms on both sides of the deal experienced operational stresses during the peak covid-19 volatility last year, according to a new DTCC white paper. The paper, carried out by global back-office behemoth DTCC (Depository Trust & Clearing Corporation) and consultancy firm McKinsey & Company found some weak links in…

Research Affiliates has taken the study of factor timing to a user-friendly new level through a paper which argues that the market’s momentum and valuation are good predictors of economic influences. The paper, by Mike Aked, director of research for Australia, shows that a strategy based on a factor’s discount to historical averages of value…

Predicting when a sustained rally in value stocks may occur has proved to be a fool’s errand for the past several years, but that hasn’t stopped value managers from trying. In its latest paper on the subject, Lazard Asset Management has provided a pathway, if not a timeline. The paper, ‘Can Investors Still Believe in…