News & Research
Most Recent News & Research

Analytics | Portfolio Risk Management
Risk-based or Brinson attribution? Details matter when it comes to measuring performance
The devil is in the details when it comes to performance attribution. Here we explain the differences between risk-based vs. Brinson attribution and how using equity risk models can help you understand your drivers of portfolio risk and return.

Index | Benchmarks
Together in ’22: Qontigo Investment Intelligence Summit returns to London, New York
After two years of virtual gatherings, I’m thrilled to announce that the flagship Qontigo Investment Intelligence Summit will return in person this May. This year’s Summit, which we have called ‘Together in ’22,’ will take place in London on May 5 and in New York on May 19. The two events will offer insights on some of the most important […]

Analytics | Portfolio Risk Management
Video: Ever wanted a decision-making machine? An optimizer may be just what you’re looking for.
In this video, we give an overview of what a financial portfolio optimizer does, how it works and some of the ways you can set up – and solve – your optimization problem.

Analytics | Portfolio Risk Management
The effects of the Russia-Ukraine crisis on equity markets in charts – Part 2: Developed vs. Emerging Markets
Our top 10 takeaways looking at the effects of the Russia-Ukraine crisis on developed vs. emerging equity markets in charts.

Analytics | Portfolio Risk Management
Video: Ukraine invasion sends shockwaves across financial markets
Melissa Brown, Qontigo’s Head of Applied Research, discusses the impact of the Ukraine conflict on markets, sectors and volatility.

Analytics | Portfolio Risk Management
The effects of the Russia-Ukraine crisis on the equity markets in charts – Part 1: Europe
Our top 10 takeaways looking at the effects of the Russia-Ukraine crisis on the equity markets in charts.

Market makers and authorized participants (“APs”) in the primary market for ETF shares often need to hedge exposure to shares of ETFs that they must stand ready to convert into the underlying stocks in a “redeem” trade, or to shares of the underlying they must assemble in a “create” trade. When they deliver/accept the ETF shares to the fund sponsor, they will unwind this hedge.

Analytics | Portfolio Risk Management
What investor sentiment was telling us before the market tanked
January 2022 saw one of the highest levels of market volatility since the COVID-19 crash of March 2020. During those 20 trading days in January, the STOXX® USA 500 Index fell by almost 6%. Looking back, a key question for investors is: did we overlook any hints of what was coming and, had we an inkling, what might we have done about it?

Analytics | Portfolio Risk Management
Another tech bubble could be about to burst—and it could be worse
The collapse of technology stocks this past month may signal the end of another tech bubble, similar to the bursting of the dot-com bubble. In search of some insights, we compared the conditions that led to the formation of both the current technology bubble (2016-2021) and the dot-com bubble (1995-2001).

Analytics | Portfolio Risk Management
Reverse stress testing: How to do it using only historical simulation data
In our latest whitepaper, ‘Hands-on reverse stress testing’, we provide a practical guide to do just this by leveraging our enterprise management platform Axioma Risk, used to extract portfolio historical simulation data and factor returns.

Analytics | Portfolio Risk Management
Qontigo’s new US Equity Trading Horizon Model: A crisp view of ultra-short-term risk—and longer-term implications
Qontigo’s new Axioma US Equity Factor Risk Model: Trading Horizon (Trading Model) helps managers with shorter investment horizons to better understand and manage their risk. That said, it is not only for traders.

Analytics | Portfolio Risk Management
Axioma North America Linked Model: The missing link for modeling Canadian equity funds
Historically Canadian equity managers have had difficulty accurately modeling their investment universe across the US and Canada. Compared to those of Canada, the US economy and stock market are much larger making it difficult to properly represent Canada in these types of investment strategies. North America regional risk models used to construct portfolios just aren’t able to capture the nuances of both markets and will be largely dominated by the US.