Our expertise is discovering factors that are overlooked, misanalysed, or simply lie outside the scope of mainstream analysis. Markets cannot fully discount information investors do not yet understand, or which rigid, process-driven models struggle to embrace. Each year, pools of unresolved factors develop this way in the blind-spots of mainstream professionals. Free to bubble undetected beneath the markets’ collective radar, these overlooked factors leave few traces in conventional risk metrics such as VAR. Ultimately, they are destined to pop-up as unexpected events such as an earnings’ ‘beat and ‘‘miss’, a slow but profound sector revaluation, yield curve shift, volatility spike, or some other market asymmetry. These factors represent a deep source of sustainable alpha for those ahead of the game.
Our expertise lies in discovering investment opportunities that are overlooked, misanalysed, or simply lie beyond the scope of conventional financial analysis. Markets cannot properly discount what investors have yet to fully understand, or information which rigid, process-driven models struggle to embrace. It is in these blind-spots of mainstream professionals that pools of unresolved factors develop each year.Free to bubble beneath the markets’ collective radar for a time, these factors leave few traces in conventional risk metrics such as VAR, historical scenario analysis, and extreme value modelling. Destined to pop-up somewhere as an unexpected event, they may go on to create price asymmetries, an unexpected sector revaluation, profound yield curve shift, volatility spike, or some other unanticipated event. Collectively, these factors represent a deep source of outperformance for those few ahead of the game.
Insight Briefings− R-star effect on CAPM− Productivity misconceptions− Value/Growth - No conundrum− Trade tensions at ZLB− Behavioral shifts at low r-star− Pitfalls in conventional finance− Golden misunderstandings
Frontier Economics− Central Bank vs Fiscal Policy− Behavioural zero-r* modelling− Real Rate Forecasts − Supply Chain Dynamics− Kinked Philips Curves− PMIs prone to mislead