Quantitative solutions

Exploiting the low volatility anomaly in practice
The low volatility anomaly, first reported on 50 years ago, can be implemented across asset classes, sectors and regions. As...

Evidence of the low volatility anomaly
It is relatively easy to demonstrate the low volatility anomaly – the phenomenon that first came to light half a...

The low volatility anomaly – Still going strong after 50 years
Half a century ago, it became clear that investing in higher risk equities is not necessarily rewarded with higher returns....

Talking heads – Quantitative investing: using facts for security selection
Picking investable assets for a portfolio can be hard. Fundamental analysis focuses on what investors believe will happen in the...

Can equity value investing be sustainable?
Traditional equity value indices, which incorporate only the least expensive companies, tend to be associated with a higher carbon footprint...

Will value stocks continue to outperform expensive sector peers?
Value stocks have strongly outperformed their growth sector peers since late 2020, when they became as cheap as they were...

Multi-factor equity strategies that outperform when rates rise: what’s inside?
A well-diversified strategy invested in value, quality, low risk and momentum stocks should do well, irrespective of which way interest...

Talking heads – Look for value in the value style
Value investing remains a worthwhile approach, even after an extended period of underperformance. A rebound has now set in that...

A low volatility equity strategy that can resist rising rates and inflation
BNP Paribas Asset Management’s proprietary low volatility equity strategy is designed to be insensitive to changes in interest rates and...

Value stocks still cheap relative to growth sector peers
We expect the environment in the coming few years to be unusually favourable for value relative to growth stocks. Multi-factor...

Equity factor investing - Sunshine after the storm
After a particularly difficult 2020, 2021 proved favourable for multi-factor equity strategies investing in the cheapest, most profitable and least...

Factor investing: understanding your performance!
Our latest paper on equity factor investing addresses the question of performance attribution of multi-factor equity strategies. Multifactor strategies...