Why Value Investors Underperform by Jason Hsu, Research Affiliates
Style Premia Are Not Constant Over Time
Time Varying Style Premium
Chilton Capital's REIT Composite was up 6.1% last month, compared to the MSCI U.S. REIT Index, which gained 4.4%. Year to date, Chilton is up 6.3% net and 6.5% gross, compared to the index's 8.8% return. The firm met virtually with almost 40 real estate investment trusts last month and released the highlights of those Read More
Why Do Return Premia Vary Over Time?
How much money can we put to work before return “premiums” are substantially eroded?
Low Volatility Stocks: Valuations Relative to Simulated Market Cap (1967–2014)
See full slides below.