Sophisticated Bad Habits in Portfolio Construction – Rolling Beta

Posted on 06 06, 2016 in Series: Sophisticated Bad Habits in Portfolio Construction

In the first post of the series: “Sophisticated Bad Habits,” in which biases and dogmas in portfolio construction are examined critically, Sorina Zahan tackles rolling beta – a purportedly sophisticated risk metric that, in fact, is deeply flawed. The following […]

Core Capital Awarded Trademark for Beta Function™

Posted on 01 06, 2016 in Awards & IP

In keeping with Core Capital’s spirit of innovation and commitment to fundamental research as a bedrock of our investment philosophy, we are proud to announce that Core has been granted a trademark for Beta Function™. Beta Function™ is defined as: BetaPortf(ΔMktPrice). A […]

Distressed cycles, energy, economy, and other unknowns

Posted on 18 05, 2016 in Financial & Economic Research, Research

Macroeconomics is an inexact science and credit cycles are never the same. Therefore, how could one think about the future when the habitual assumption that tomorrow will be much like today seems (and is) more unreasonable than usual? This is […]

Notes on emerging markets and market liquidity

Posted on 18 05, 2016 in Market Insights

Notes on emerging markets and market liquidity September – 2015 Emerging markets form an important area of interest for us. We find these markets at the center of a very explosive cocktail[1]. The ingredient list could cover a page in […]