Factor Investing Explicitly Tries To Look Lousy On Active Share: Cliff Asness – ValueWalk Premium
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Factor Investing Explicitly Tries To Look Lousy On Active Share: Cliff Asness

There has already been much ink, and maybe even some blood, spilled debating the merits of "Active Share" for judging an investment fund. There was the original paper, a critique of that paper written by some of my colleagues, a reasonable (which doesn’t mean I agree with it) response to AQR’s piece, and even . . .

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