• This week’s commentary is a long-form presentation all about factor investing and smart beta. Β We cover four topics.
  • In the first section, we explore the basics of factors: what are they and where do they come from?
  • The second topic explores why implementation details matter and why long-only factor investing can be significantly different than long/short academic research.
  • We then explore the current debate about whether factors can be timed using value spreads.
  • Finally, we look at current research in developing diversified, multi-factor portfolios.

You can find the presentation on SlideShare.




Corey is co-founder and Chief Investment Officer of Newfound Research, a quantitative asset manager offering a suite of separately managed accounts and mutual funds. At Newfound, Corey is responsible for portfolio management, investment research, strategy development, and communication of the firm's views to clients. Prior to offering asset management services, Newfound licensed research from the quantitative investment models developed by Corey. At peak, this research helped steer the tactical allocation decisions for upwards of $10bn. Corey holds a Master of Science in Computational Finance from Carnegie Mellon University and a Bachelor of Science in Computer Science, cum laude, from Cornell University. You can connect with Corey on LinkedIn or Twitter.