Zur Haupt-Navigation Direkt zum Inhalt

OLZ Insights

Expertise and practical know-how.

The factors behind the return

The paper compares the three factor approaches low volatility, quality and value using a quantitative evaluation of the sensitivities to the five Fama-French factors and volatility. Here, too, it is confirmed that low volatility and quality are - despite certain similarities - independent factors.

To the article

Minimum variance

Risk based strategies, such as minimum variance, have been established as efficient building blocks in portfolio construction. Yet critics question their added value. OLZ addresses the various points of criticism in this research note and shows why it is worthwhile in the long term for investors to focus on optimal diversification and risk management – even when outperformance is not expected during a phase of unusually low market volatility, as in the second half of 2016.

To the article
Zum Footer Zur Startseite