Scientific Beta

The December 2022 Scientific Beta special issue of the P&I Research for Institutional Money Management has been published and covers inflation-friendly equity indices, the performance of rewarded factors in the US market since 2020 and the distinctions between different types of fossil fuels for investors.

The December 2022 Scientific Beta special issue of the P&I Research for Institutional Money Management has been published.

It first introduces a new approach to overcome macroeconomic measurement challenges and construct dedicated equity portfolios that target desired exposures to surprises in inflation expectations and then looks at the small set of competitor inflation sensitive strategies currently available in the marketplace.

In the area of factor investing, it reviews the performance of rewarded factors in the U.S. market since 2020 through the lens of two important characteristics, which are intangibility and social distancing and, finally, on the topic of climate finance, it explores the role of fossil fuel divestment in financing the energy transition.