Market risk is the potential for losses in securities due to fluctuations in market factors like interest rates, currency values, FX/commodity spot rates, and equity prices. These ...
A broad segment of the industry invests based on established factors such as value, momentum, and low-risk. In this post, we share the key results from our study of out-of-sample ...
In this Research Foundation book, edited by Alfonso Ricciardelli, CFA, and Philip Clements, CFA, practitioners introduce the key features of the alternative credit asset class. ...
I recently sat down with Jason Hsu, founder of Rayliant Global Advisors and chief economist of East West Bank, to discuss the evolution of factor investing, the challenges facing the ...
Foreign exchange (FX) markets are shaped by liquidity fluctuations, which can trigger return volatility and price jumps. Identifying and predicting abnormal FX returns is critical ...
Our understanding of financial markets is inherently constrained by historical experience — a single realized timeline among countless possibilities that could have unfolded. Each ...
Quantitative Risk and Portfolio Management: Theory and Practice. 2024. Kenneth J. Winston. Cambridge University Press. The field of textbooks on quantitative risk and portfolio ...