Portfolio Management

With the outbreak of the pandemic, an old debate on central banks and their own monetarypolicy has been reopened. Inflation or NGDP targeting? Our analysts Ilaria Caponi and Edoardo Toneatti give in this focus an interesting view on the issue after a careful analysis of the advantages and disadvantages...

In this focus we present an alternative hedging strategy exploiting the work of C.R. Hervey (2019). The dynamic strategy consists in building a long short quality portfolio - long on high quality, short on low quality stocks - which would be rebalanced each 6 months....

Have you ever heard about CoCos? Let’s take a look on how Contingent Convertible bonds work, what are the triggers in their use, the main risks to which they are exposed and their recent development in the markets, which makes them an attractive instrument for banks...

MIMS – Long Short Equity Fund is an actively-managed fund by Minerva Investment Management Society, based on a zero-net investment ‘multi-factor’ strategy. The Fund has the investment objective of achieving a positive absolute return, through long-term capital appreciation. The Fund uses a «multi-factor» based investment style...