Beware False Prophets: Focus on the Logic of Value
Andrew Dyson offers investors a different outlook on the relationship between growth and value factors, a better perspective on the “Is Value Dead?” debate.
Factor Foundations
Quantitative investment processes built on solid foundations, designed to adapt to client preferences and market conditions.
Since 1975, our philosophy has hinged on the goal of providing targeted alpha to our clients on a consistent basis. We harness fundamental insights built on academic and macroeconomic foundations that we expect will add value to client portfolios over the long term. As a systematic manager, we can easily modify our processes and customize our offerings to adapt to specific preferences. Our multi-factor portfolios provide cost-efficient diversification, along with the collective wisdom that comes from decades of enhancements to our decision-making models.
Insights
Fasten Your Value Belt
Our research shows this may be a great opportunity for value investing, as growth stocks reprice downward.
Value vs. Growth: The New Bubble
Cheap stocks have been underperforming for the last 18 months, while expensive stocks are overperforming.
Quarterly Letter: Bridge Too Far
In his first quarterly letter to clients, Andrew Dyson shares QMA's more balanced perspective on the current attention being showered on big data and AI-illustrating the limits of the hype.
Behavioral Bias, Valuation and Active Management
Combines behavioral finance with valuation theory to provide a framework for identifying stocks most affected by specific biases.
FundFire: Beware of False Patterns in Big Data Investing
Andrew Dyson describes false patterns in Big Data Investing in a FundFire interview.
Q&A with QMA: How Smart is Smart Beta?
Discusses smart beta, answering common questions and comparing these products to QMA's actively managed strategies.
Q&A with QMA: Vision for the Quantitative Equity Team
George Patterson, PhD, CFA, CFP, Managing Director and Chief Investment Officer shares his accomplishments and strategic direction for QMA.