Author: Research Affiliates

Pricing Stocks And Bonds

Pricing Stocks And Bonds

Key Points We form asset-class forecasts because they guide our ultimate aim: to fulfill our fiduciary duty of building a portfolio of assets that will meet investors’ future financial needs. Our process of forming expectations is based on a simple, […]

Can Momentum Investing Be Saved?

Can Momentum Investing Be Saved?

Key Points Simulated portfolios based on momentum add remarkable value, in most time periods and in most asset classes, all over the world; however, live results for mutual funds that take on a momentum factor loading are surprisingly weak. A […]