Machine Learning in Investment Management
Having introduced concepts in artificial intelligence and different types of machine learning (ML) models in our previous post, we will now discuss specific applications of machine learning in investment management, the benefits of using these models, and the challenges inherent in their use.
An Introduction to Machine Learning
Machine Learning is a broad term used to describe the study of computer algorithms that can improve automatically through experience and by the use of data. Machine learning algorithms build a model based on sample data…
U.S. Fixed Income Q2 2021 Update
We began last quarter’s commentary by discussing the historical context that put the first quarter performance in the history books as one of the most negative quarters for total return on record given the violent interest rate move.
Systematic Global Equities: Q2 2021 Update
Equity markets posted strong returns in the second quarter of 2021 as a substantial decline in U.S. COVID-19 cases combined with a fast-paced economic reopening across the country led to a surge in economic growth that helped stocks rally to new highs over the past three months.
Hello Inflation, It’s Been a While! – Q3 2021 Market Outlook
Concerns over inflation continue to dominate the marketplace. June’s 0.9% rise in core CPI was well above forecasts, as were the April and May prints. Bond yields (which are used to discount risk assets) have oscillated between a high of 1.77% in March to 1.3% recently, as concerns over inflation (and new corona virus variants) have waxed and waned.
Navigating the ESG Labyrinth
As ESG (Environmental, Social, and Governance) investing trends have steadily risen, comparing ESG ratings and metrics has become more and more complicated. Over time the process has evolved from a values-based, often exclusionary approach in the 1970s …