This is a summary of links featured on Quantocracy on Monday, 11/08/2021. To see our most recent links, visit the Quant Mashup. Read on readers!
-
The Mirage of Direct Indexing [Factor Research]Direct indexing is one of the growth areas in the asset management industry However, direct indexing represents active management, specifically an inferior approach to it Given the poor track record of active management, most investors should avoid pursuing this INTRODUCTION Direct indexing is hot. In October 2020, Morgan Stanley bought the asset manager Eaton Vance primarily for its direct
-
A Complete System for New Traders: Trading without a Stop Loss [Raposa Trade]Risk control is absolutely crucial for traders. The first rule of trading is to stay in the game. The humble stop loss is the bread and butter for traders trying to control their risk. But what if I told you the stop loss wasnt needed? What if you could control your risk while also increasing your returns? To do this, well introduce a new concept: continuous trading. This will be added to
-
US Funds Have Surprisingly Large International Exposure [Alpha Architect]Did you know that the percentage of foreign sales of the FTSE 100 is 76% and 43% for the SP500? This study investigates the power of indirect international exposure, that is international exposure through holdings of domestic stocks. The authors ask the following: What is the indirect international exposure of domestic mutual funds? Is the indirect international exposure associated with fund