Tag
#portfolio-analysis
3 articles
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Benchmark Selection for Portfolios: How the Wrong Benchmark Invents Alpha
Choosing a benchmark is not administrative. The benchmark defines what counts as skill, so a mismatched one manufactures alpha or hides it. Here is how to select one properly.
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Factor Exposure Analysis: What Your Portfolio Is Actually Exposed To
Factor exposure analysis measures which characteristics, such as value, quality, momentum or size, actually drive a portfolio, using holdings-based scores or returns-based regression.
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Comparing Fund Manager Portfolios at Scale
Comparing fund portfolios at scale means looking past the top holdings to overlap, active share, concentration, sector bets, and factor tilts, so you can see how two managers actually differ.
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