Money managers are netting double-digit gains by taking advantage of quirks in the world of equity derivatives.
Five of the most popular factor styles have all made money in 2022.
Strategists warn that the best days may now be over for cheap-looking stocks.
Rebalancing in late June results in wild swings in returns.
So-called model portfolios are ridden with conflicts of interest, a trio of academics argue.
His firm's $1 billion Absolute Return fund just posted the best five days in its 23-year history.
Among quantitative funds, bets on cheaper stocks have surged to the highest in months.
Value once again significantly lags growth when factor performance is compared.
The new variant has arrived at a drastically different point in the monetary cycle.
Big institutions are still paying a decent premium to hedge the S&P 500 Index.