Episode 5 - The Evolution of Academic Research on Markets and Factor Investing
Hello, my name is Casey Dylan and I am the Director of Investment Communications at Symmetry Partners. Welcome to the Symmetry Delta Podcast for evidence based investing. Over the next several episodes of this podcast, we’ll be sitting down with Dr. John McDermott, Chief Investment Strategist at Symmetry, as well as Dana D'Auria, CFA, the Director of Research. In this first episode, we discuss the evolution of academic research as it pertains to describing the returns we see in markets, and, the rise of factor investing.
Thank you very much for listening to The Symmetry Delta Podcast for Evidence Based Investing. Visit us at www.symmetrypartners.com. You can also find us on Facebook, YouTube, Twitter, or LinkedIn under Symmetry Partners, LLC. If you have any questions or would like more information – give us a call at: 800.786.3309.
Symmetry Partners, LLC, is an investment adviser firm registered with the Securities and Exchange Commission. The firm only transacts business in states where it is properly registered, or excluded or exempted from registration requirements. No one should assume that future performance of any specific investment, investment strategy, product or non-investment related content made reference to directly or indirectly in this material will be profitable. As with any investment strategy, there is the possibility of profitability as well as loss.
Factors are sources of expected returns. Symmetry searches for factors that have been shown historically to deliver higher returns over time.
Symmetry Partners' investment approach seeks enhanced returns by overweighting assets that exhibit characteristics that tend to be in accordance with one or more "factors" identified in academic research as historically associated with higher returns. Please be advised that adding these factors may not ensure increased return over a market weighted investment and may lead to underperformance relative to the benchmark over the investor's time horizon.
Diversification seeks to improve performance by spreading your investment dollars into various asset classes to add balance to your portfolio. Using this methodology however, does not guarantee a profit or a protection from loss in a declining market.