Morgan Stanley: Value-based Quant Investing Losing Effectiveness, But We Have A SolutionMark Melin
A Morgan Stanley Quantitative Research report points to the declining returns among value-based, quantitative equity funds, perhaps impinging on the rule of supply and demand relative to investment formulas. As new quant tools "democratize investing," increased competition is reducing returns. But there is a solution for quant investing. Don't look to one fund manager or strategy. Adopt a "nuanced approach" that might include custom-built algorithms based on the institutional investors idiosyncratic investing knowledge.
Quant . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible