Tuesdays are all about academic (and practitioner) literature at Abnormal Returns. You can check out last week’s links including a look at the challenge of rebalancing an alternatives-heavy portfolio.
Quote of the Day
“Quant mutual and hedge funds use much more sophisticated factor strategies, and some non-factor strategies as well. Nevertheless, it’s usually true that when Fama-French factors are doing well, quant is thriving, and when Fama-French factors falter, quant has troubles.”
(Aaron Brown) Chart of the Day
Does gold do much to smooth out portfolio returns?
(morningstar.com) Portfolio management Research