Measuring Tactical Alpha
We are big fans of active asset allocation, which is sometimes called tactical alpha. Our enthusiasm stems from the following observations from our own research, and from other published sources.
Measuring Tactical Alpha Part II: Examples and Analysis
When we left off in Part 1, we promised to examine how select Global Tactical Asset Allocation products stack up against the Global Market Portfolio from the perspective of several performance measures particularly Sharpe ratio, alpha and information ratio. Without further adieu:
Factors: An Essential Part of Any Nutritious Portfolio
We recently posted a piece on factor investing so we were thrilled to have an opportunity to see Dr. Andrew Ang and Don Raymond discuss factor investing at a seminar in Toronto last week.