Individual investing has become a prominent part of the investment landscape. Whether for retirement, wealth management, estate planning, or other purposes, the enormous growth of individually directed assets has stirred increased interest in and attention to the way individuals try to set and meet investment goals. Unfortunately, most individuals fare less well than institutional investors when it comes to the choices they make and, most important, their ability to achieve overall financial...

An accumulating body of empirical research has found positive gross excess returns from exposure to risk factors (or risk premia). Our study was commissioned by the Norwegian Ministry of Finance to explore factor strategies, through the lens of risk premia indices, for large funds. The paper examines equity risk premia, such as value, size, low volatility and momentum, focusing on return, risk, and investability. For portfolios of large scale, we construct risk premia indices which have...

The last decade has seen a prolific increase in approaches to emerging markets investing. Broad emerging markets exposure is increasingly viewed as an integral part of a global equity allocation alongside developed markets. The acronym style of emerging markets investing has also come forth (including BRIC, N-11, CIVETS, MIST, etc.), seeking more targeted exposure within emerging markets. We explore this wide array of emerging markets mandate configurations and implementation options.