Main description:

Factor Investing: Trends and Challenges provides a collection of recent contributions from both academics and professionals recognized as leading experts on this topic. This book will be of particular interest to any professional involved in asset allocation and investment decisions, and also for Mscs/PhD students and academics in finance. Grounded in decades of research, factor investing is attracting a growing interest from practitioners as significant progress in implementing factor-based strategies has broadened the accessibility of these strategies for investors.

Contents:

The price of factors and the implications for active investingFactor Investing: The Rocky Road from Long-Only to Long-ShortPeering Under the Hood of Rules-Based Portfolio Construction: The Impact of Security Selection and Weighting DecisionDiversify and Purify Factor Premiums in Equity MarketsThe Predictability of Risk-Factor ReturnsStyle Factor TimingGo with the Flow or Hide from the Tide? Trading Flow as a Signal in Style InvestingInvestment and Profitability: Quality Factor that Actually WorksCommon Equity Factors in Corporate Bond MarketsAlternative Risk Premia: What Do We Know?Strategic Portfolio Allocation With FactorsA Macro Risk-Based Approach to Alternative Risk Premia AllocationOptimizing Cross-Asset CarryDiversification and the Volatility Risk PremiumFactor Investing and ESG IntegrationThe Alpha and Beta of Equity Hedge UCITS Funds: Implications for Momentum Investing