The empirical results of academic studies indicate that both engagement and divestment approaches can be effective in achieving desired ESG outcomes. So, far from being mutually exclusive, both engagement and divestment are mutually reinforcing.
Erik ChristiansenSeptember 1, 2020
Defensive equity investment strategies are nothing new, but a key issue with many is that defensive does not necessarily mean low volatility. Scientific Beta looks at a strategy to target both goals, using robust low volatility controls to create a new defensive index for the volatility-averse investor.
Daniel Aguet, Noël Amenc and Felix GoltzApril 3, 2020
A large number of long-only multi-factor strategies have performed disappointingly over the past three years. Some have called into question the usefulness of solutions based on factor diversification but recent research by EDHEC suggests this doesn’t hold up against an even remotely serious investigation.
Daniel Aguet, Noël Amenc and Felix GoltzSeptember 20, 2019
The EDHECinfra/G20 survey of infrastructure benchmarking practices, which included representatives of 130 asset owners accounting for $10 trillion, has found that existing performance monitoring benchmarks are self-defeating for asset owners and managers. But improvement, in the form of a more representative, better defined benchmark, may be possible thanks to recent progress.
Frederic Blanc-BrudeMay 29, 2019
Investors in infrastructure do know how much risk they are taking and they are not happy about it, according to the 2019 EDHECinfra/G20 survey. This is the first installment of a three part series examining the results according to asset allocation, monitoring and risk management.
Frederic Blanc-BrudeMay 22, 2019
A decade of price increases in unlisted infrastructure raised fears of an “infrastructure bubble”. On the contrary, this period was one of price discovery for a nascent asset class, research by EDHECinfra finds.
Frederic Blanc-Brude and Sarah TameMarch 1, 2019