Systematic equity strategies that construct dynamic portfolios, with the aim of outperforming a benchmark.
Long-term investment growth with a view to outperforming the MSCI World Index
Randomly selected global equity portfolios have outperformed market-capitalisation-weighted portfolios over the past 15 years.
We find hidden costs of about 10 basis points per year for the naïve global index tracker.
Publication bias could have a part to play in the disappointing performance of popular equity indicators.