Nicolas Rabener

Feb 23, 2024 | caia.org | Nicolas Rabener

By Nicolas Rabener, CAIA, CEO & Founder of Finomial.

Nov 19, 2023 | alpha-maven.com | Nicolas Rabener

8h ago Hedge Fund caia Views: 19 By Nicolas Rabener, CAIA, CEO & Founder of Finomial.   SUMMARY Alternatives with lower correlations to equities & bonds did not lead to greater diversification benefits Correlations often break when markets crash Better metrics are required to measure the diversification potential of alternativesINTRODUCTION

Nov 19, 2023 | caia.org | Nicolas Rabener

By Nicolas Rabener, CAIA, CEO & Founder of Finomial. SUMMARYAlternatives with lower correlations to equities & bonds did not lead to greater diversification benefits Correlations often break when markets crash Better metrics are required to measure the diversification potential of alternativesINTRODUCTIONAlternative investments accounted for $13 trillion in assets under management (AUM) in 2021, nearly twice what it was 2015.

Aug 14, 2023 | alpha-maven.com | Nicolas Rabener

11h ago Hedge Fund caia Views: 9 By Nicolas Rabener, CAIA, CEO & Founder of Finomial.     SUMMARY Stocks can be ranked by their upside and downside betas to the S&P 500 Results in strong sector biases and factor exposures Excess returns from upside stocks were negative, zero for downside stocksINTRODUCTION

Aug 14, 2023 | caia.org | Nicolas Rabener

By Nicolas Rabener, CAIA, CEO & Founder of Finomial. SUMMARYStocks can be ranked by their upside and downside betas to the S&P 500 Results in strong sector biases and factor exposures Excess returns from upside stocks were negative, zero for downside stocksINTRODUCTIONMost capital allocators use correlation to identify strategies that may add diversification benefits to their portfolios. However, average correlations are often misleading.