In recent years, a growing pool of investment managers have bolstered their arsenal of multi-factor products with academic promises of returns surpassing the broader indices in the long run.
One of these players is Evli. The Finnish money manager recently set up a global multi-factor equity fund, its fourth factor fund launch in a five-year period. During this time, however, many of these strategies have fallen short of the market return despite being marketed as providers of excess returns.
Get full access for you and your coworkers.Start a free company trial today
Already a member? Log in.