A multi-factor approach is a time-honored method to achieve diversification across compensated factors and thereby improve a portfolio’s risk-return tradeoff. It has less macro risk than some single-factor styles, but more macro risk than others, and on its own is not a reliable way to reduce macroeconomic exposure. However, a side benefit of a multi-factor approach that also restricts industry exposures is that the resulting portfolio tends to have little exposure to economic forces.
Gain insight from Melissa Brown, managing director of applied research at Qontigo, how changes in the macroeconomic environment can influence portfolio risk across a range of investing styles.
Market Status ⓘ
The market status window is an indication regarding the current technical availability of the trading system. It indicates whether news board messages regarding current technical issues of the trading system have been published or will be published shortly.
We strongly recommend not to take any decisions based on the indications in the market status window but to always check the production news board for comprehensive information on an incident.
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