- Filter By.
-
Topic (${ Topics.length })
-
-
Type (${ ContentTypes.length })
-
Contributor (${ Contributors.length })
- Relevance
- Newest
- Oldest
Perspective
Still (Not) Crazy After All These Years¹
June 14, 2017
With the FANGs in the news again, for good and bad, we thought it would be a good time to update our analysis. Again, we find less going on than first meets the eye.
Podcast
Taking Stock of Stock Myths
September 19, 2018
There is risk in every investment. This episode delves into three specific kinds of equity risks that tend to weigh on investors: home bias, market timing and inflation.
Alternative Thinking
Relaxed-Constraint Portfolios
2Q 2016
Active equity investors may increase expected portfolio returns by relaxing the long-only constraint. The investment community has largely turned away from strategies that short bad stocks, but we find that they may want to take a renewed look.
White Paper
An Old Friend: The Stock Market's Shiller P/E
November 1, 2012
Based on the past, the 2012 level of the S&P 500 Shiller P/E —a particularly useful measure of the valuation of the U.S. stock market—suggests that investors should plan for lower average annual stock market returns over the following decade.
White Paper
Property Catastrophes and Equity Markets
April 1, 2014
Does investing in property catastrophe reinsurance as an asset class help diversify a portfolio from financial market risks? We examined data on the largest global property catastrophes to gain insight.
White Paper
Avoiding Unintended Country Bets in Global Equity Portfolios
April 1, 2011
Country risk is a key driver of individual stock returns, especially in emerging markets. We present several approaches to constructing active global stock portfolios as failing to control for country membership in stock returns may lead to significant misallocation of risk.
White Paper
Changing Spaces Emerging Markets Investing
October 1, 2010
Over the past decade, emerging-market equities have become a meaningful portion of global equity markets. We provide some key insights to help investors evaluate their exposure.
White Paper
Understanding Defensive Equity
July 1, 2012
This paper analyzes the intuition behind defensive equity. We then analyze the empirical evidence, construction and performance of defensive equity portfolios, and discuss the possible explanations for its historical outperformance.
White Paper
Tax-Aware Management of Global Equities
August 1, 2008
This is an overview of AQR’s tax-aware research, which has resulted in an enhancement to the efficiency of AQR’s existing long-only global equity strategy. Maximizing pre-tax returns over an investment cycle still remains our main objective.
White Paper
Covered Calls and Their Unintended Reversal Bet
June 2, 2014
Equity index covered calls have historically realized returns not much less than their underlying index with significantly less volatility.