Finance for Normal People teaches behavioral finance to people like you and me-normal
people, neither rational nor irrational. We are consumers, savers, investors, and managers …

Institutional investors often have to decide which strategy to use across international
business cycles. This is especially important during economic and financial crises. The …

Abstract Alternative Risk Premia (ARP) are rule-based strategies. They should reward
investors exposed to non-traditional systematic risk factors. Yet, allocation to ARP is not …

We examine the realized performance of alternative beta strategies using a database of
returns since 2008. Despite diversified portfolios of risk premia strategies offered by global …

This article examines the impact of macroeconomic announcements on corporate bond
prices and investor migrations across various types of bonds over time. In addition, the …

This paper compares the efficacy of both traditional valuation ratios and an extensive set of
related combination criteria in identifying the future best-performing stocks for a …

The “technology bubble” in the late 1990s, the financial crisis in 2007/2008, and the
Eurozone crisis generated significant losses across several asset classes. The objective of …

Empirical and theoretical research concurs to show that style investing increases return
correlations within assets that are classified into the same style. The theoretical model …

Abstract In Financial Markets, academic questions revolve around the assumption that asset
prices reflect all available information and exhibit a random walk. Direct implications of this …

This study examines how style investing impact correlations in a small and large economy,
with exchange rate risk, and a reserve currency. The results show that style investing …