Risk & Reward - 4th issue 2020

Risk & Reward - 4th issue 2020
Research and investment strategies

In the latest edition of Risk & Reward we present the Natural Language Processing (NLP) – a truly digital approach to discovering innovative companies based on automated analysis of millions of text files. Other articles in this issue deal with factor investing, our time-tested method of investment selection. We analyze the recent weakness of value stocks and examine what has happened to the value effect, and discuss the use of less structured data in factor investing. Finally, we consider the macro factors that factor investors can use to position their portfolios for likely macroeconomic developments as an effective complement to style preferences.

Risk & Reward - 4th issue 2020

Investment risks

  • The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.

Important information

  • Data as at 30.09.2020, unless otherwise stated. This document is marketing material and is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.

    Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals, they are subject to change without notice and are not to be construed as investment advice.