Thomas Quinn and Bin Cheng, Author at Xponance | Asset Management and Investment https://www.xponance.com/author/thomas-quinn-and-bin-cheng/ An asset management and investment firm focused on emerging manager strategies Thu, 08 Feb 2024 14:44:28 +0000 en-US hourly 1 https://www.xponance.com/wp-content/uploads/2019/10/Favicon-01-3.png Thomas Quinn and Bin Cheng, Author at Xponance | Asset Management and Investment https://www.xponance.com/author/thomas-quinn-and-bin-cheng/ 32 32 Too Good to Be True: The Failure of Defensive Managers During Recent Inflationary Shocks https://www.xponance.com/too-good-to-be-true-the-failure-of-defensive-managers-during-recent-inflationary-shocks/ Thu, 08 Feb 2024 14:44:22 +0000 ® Insights]]> https://www.xponance.com/?p=241379 The failure of the returns-based approach, along with some interesting dynamics observed in factor contributions, opens an extremely interesting avenue for future analysis. What role did the macroeconomic regime (inflation, top line growth, and interest rates) play in the “defensiveness” of strategies, and what can be done to avoid misclassifying strategies during sharp regime changes?

The post Too Good to Be True: The Failure of Defensive Managers During Recent Inflationary Shocks appeared first on Xponance | Asset Management and Investment.

]]> Alpha Availability: Identifying the Drivers of Active Manager Returns Across Markets and Investment Styles – Part 3 https://www.xponance.com/alpha-availability-identifying-the-drivers-of-active-manager-returns-across-markets-and-investment-styles-part-3/ Wed, 27 Oct 2021 15:34:37 +0000 ® Insights]]> https://www.xponance.com/?p=237904 The post Alpha Availability: Identifying the Drivers of Active Manager Returns Across Markets and Investment Styles – Part 3 appeared first on Xponance | Asset Management and Investment.

]]> Alpha Availability: Identifying the Drivers of Active Manager Returns Across Markets and Investment Styles – Part 2 https://www.xponance.com/alpha-availability-identifying-the-drivers-of-active-manager-returns-across-markets-and-investment-styles-part-2/ Tue, 18 May 2021 15:30:24 +0000 ® Insights]]> https://www.xponance.com/?p=236927 The post Alpha Availability: Identifying the Drivers of Active Manager Returns Across Markets and Investment Styles – Part 2 appeared first on Xponance | Asset Management and Investment.

]]> Alpha Availability: Identifying the Drivers of Active Manager Returns Across Markets and Investment Styles – Part 1 https://www.xponance.com/alpha-availability-identifying-the-drivers-of-active-manager-returns-across-markets-and-investment-styles/ Mon, 19 Apr 2021 21:15:58 +0000 ® Insights]]> https://www.xponance.com/?p=236334 Over the past decade, our research has taken multiple in-depth looks at the exogenous drivers of what we think of as “alpha availability” among active managers.

The post Alpha Availability: Identifying the Drivers of Active Manager Returns Across Markets and Investment Styles – Part 1 appeared first on Xponance | Asset Management and Investment.

]]>