Investment Insight
Active vs. Passive: Old Wine in New Wine Skins
Active portfolio management is one of few professions for which worth is defined by a single phrase: risk-adjusted excess return. “Active” in ...
Research
PanAgora’s experts are committed to providing innovative research through theory and practice. We invite current and prospective clients, as well as consultants, to benefit from the fruits of our theory and practice through our quantitative investing research.
Our distinguished academic advisors contribute thought leadership and valued outside perspective on economic, market and theoretical research to PanAgora’s Investment Committee.
Amir Amel-Zadeh
Saïd Business School
University of Oxford
Amir’s research examines the economic effects of financial and non-financial reporting …
Search Publications
Investment Insight
“Unconventional and Uncorrelated – Differentiation in the U.S. Large Cap Space”
In this paper, George Mussalli, Wayne Qian, and Edward Eagan illustrate how PanAgora’s U.S. Large Cap Stock Selector strategy may ...
Investment Insight
“Achieving Carbon Reduction without Sacrificing Performance Results” by Mike Chen
In this paper, Mike Chen examines how firms are affected by reducing their carbon footprint and what the performance penalties for divesting ...
Investment Insight
“The Quantitative Approach for Sustainable Investing” by Eric Sorensen, Mike Chen, and George Mussalli
In this paper from the Journal of Portfolio Management, Eric Sorensen, Mike Chen, and George Mussalli argue that quantitative methods have unique ...
Investment Insight
“Leverage – The Ultimate Endowment Gift” by Edward Qian and Bryan Belton
In this paper, Edward Qian, and Bryan Belton, show that adding a levered U.S. Treasury position to Yale’s portfolio would ...
Investment Insight
“NLP for SDGs: Measuring Corporate Alignment with the Sustainable Development Goals “ by George Mussalli, ...
When considering sustainable initiatives in asset allocation initiatives, investors often struggle with measuring the numerous Environmental, Social, and Governance (ESG) dimensions; however, ...
Investment Insight
“How do you Generate Alpha in the Intangible Economy?” by Jaime Lee
As of December 2020, the world’s four largest companies, by market capitalization, are Apple, Microsoft, Amazon and Alphabet. They are representative of ...
Investment Insight
“When Balancing Strategic and Tactical Allocation, Beware of the Sirens’ Alluring Song” by Bryan ...
Strategic asset allocation, we believe, is the single most important determinant of investment success. Brinson, et al., found that more than 90% of ...
Investment Insight
Incorporating ESG into a Low Volatility Solution by Nick Alonso
As ESG takes the investing world by storm, PanAgora’s Nick Alonso introduces low volatility equity + sustainable investing in his newly published ...