When Do Quant Strategies Outperform?

From 2010 to 2017, quant managers generally did a better job than fundamental managers at beating their benchmarks, according to Nomura (see graph below). However, in the last couple of years, quant strategies have been underperforming and experiencing a two-year-long so called “quant winter.” There are various reasons for the underperformance. Most notably, the correlations … Read more

Corona Stimulus In Context

Following the stunning first-quarter sell-off (see Figure 1 below), both the Federal Reserve and Congress took unprecedented actions to mitigate the economic impact of the Coronavirus. The Fed originally cut 50bps off their target rate in a March 3rd emergency meeting, but slashed another 100bps—all the way to zero—just twelve days later. They also tremendously … Read more

Julex Capital Named Top Guns Manager by Informa Investment Solutions for Q4 2019

WELLESLEY, MA – February 27, 2020 – Julex Capital Management, LLC., announced today that its Dynamic Income and Dynamic Developed Market were awarded “Top Guns” designations by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers, for Q4 2019. JULEX DYNAMIC INCOME Informa Investment Solution’s PSN “TOP GUNS” Status for … Read more

Time For More Small Cap Exposure?

The so-called “size premium”, which says that the growth potential in small cap companies compensates for their increased risk, has a long-standing historical precedence. In Dr. Kenneth French’s research on factor investing, he showed that the bottom quintile of stocks in terms of market cap have returned 11.7% annually since July 1926, while the top … Read more

Julex Capital Named Top Guns Manager by Informa Investment Solutions for Q3 2019

WELLESLEY, MA – November 22, 2019 – Julex Capital Management, LLC., announced today that its Dynamic Developed Market and TrueAlpha™ Small Cap were awarded “Top Guns” designations by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers, for Q3 2019. TRUEALPHA™ SMALL CAP Informa Investment Solution’s PSN “TOP GUNS” Status … Read more

Julex Capital Named Top Guns Manager by Informa Investment Solutions for Q2 2019

WELLESLEY, MA – August 22, 2019 – Julex Capital Management, LLC., announced today that its Dynamic Developed Market strategy was awarded “Top Guns” designation by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers, for Q2 2019. JULEX DYNAMIC DEVELOPED MARKET Informa Investment Solution’s PSN “TOP GUNS” Status for the … Read more