Factor Investing I

  • Henrik Lumholdt


So far, we have discussed investments from an asset class point of view. In this and the following chapter, we will zoom in on certain characteristics of segments of asset classes which have been shown to earn excess returns. This is the topic of factor investing. This type of analysis is not new. But the idea of making such factors directly investable through specialized vehicles is a relatively recent innovation which is causing a minor revolution in the asset management industry. The chapter is structured as follows:


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© The Author(s) 2018

Authors and Affiliations

  • Henrik Lumholdt
    • 1
  1. 1.Instituto de Empresa Business SchoolMadridSpain

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