| Mean Markets |
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Terry Burnham |
10/2005 |
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An economist’s biological research sheds light on why smart people do stupid things in the market. |
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| Current Views on the Case for Small-Capitalization Non-U.S. Equities |
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Ronald D. Frashure, CFA, and Melanie Endo |
10/2004 |
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The period since the collapse of the internet bubble has been a rewarding one for non-U.S. small-capitalization stocks. The small-cap sector has generated strong returns, outperforming cap-weighted international indices by a large margin. |
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| Long-Short Strategies |
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Gary Bergstrom, PhD |
6/2004 |
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Disappointing recent returns from many world equity markets coupled with high volatility and lackluster future return forecasts by some institutional investors has increased interest in long-short strategies. |
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| Acadian Earnings Quality Study |
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Charles H. Wang, PhD |
3/2003 |
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While commonly used measures based on reported earnings such as price-to-earnings ratio and earnings growth rate are useful, these measures are highly aggregated and may not truly reflect the actual composition of “earnings”. |
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| The Case for Active Management |
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Acadian Research Team |
10/2002 |
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Acadian has recently analyzed why disciplined active equity management should perform significantly better going forward |
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| Does Style Matter in Global Investing? |
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John Chisholm, CFA |
11/2001 |
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In general, a “value” investment style is defined by a focus on low stock prices relative to valuation fundamentals, such as book value or earnings per share. A “growth” style is defined by an emphasis on expected earnings growth and higher price-to-fundamental levels. |
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| Will There Be a Renaissance for Value Investing? |
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Ronald D. Frashure, CFA |
9/2000 |
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This rebirth of value investing could be stimulated to a surprising degree by the positive benefits of the “new economy” for what are seen as “old economy” companies. |
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