Style India Growth 20 is a passive model with an average holding period of 12 months that is rebalanced once after 6 months. The model selects the top 20 growth components from among the mid-large cap universe and operate with an aim to maximize return through selecting the top winners of the market. RMI Growth […]
RMI Reversion Europe 50 is a passive model that follows the trend of the market and does not go cash. If judging performance for an active strategy when the markets are trended is hard and beating the market is tough, doing so for a passive strategy would seem almost impossible. Still RMI Reversion Europe 50 outperformed […]
Outperformance RMI Active 10 is up 80% for the year. This is not only a stellar performance for a system driven active model but also the RMI outperformed the underlying benchmark by 30%. This is the largest margin of outperformance for RMI Active India 10 since 2005. Historical Relative Performance Though historically RMI has outperformed […]
Intelligent System Over the post event dinner at the Princeton – UChicago quant conference, the conversation veered to the definition of an intelligent system. My co-speaker (a physicist) from the conference defined intelligent system as a system that is entropy reducing. Science and Markets Connecting entropy with intelligent systems was brilliant not only because we […]
The Princeton – UChicago Annual 7 Nov 2014 Quant Conference Mukul Pal speaking on Data Universality Prezi Presentation Why should an investment analyst need a special skill set different from that of a sports analyst, a beverage company executive, a scientist, a social change agent, or the key decision makers in the government. Data, and its interpretation, is what connects us all despite […]
The new RMI Global Industrials Active Growth 30 portfolio is built from the investment universe consisting of industrials common stock from across the globe. Industrials companies from USA, Canada, Australia, UK, Europe, India, Japan, Indonesia, Brazil, China, Korea and Taiwan are considered and a 30 stock active styled portfolio is constructed. The active portfolio has a strong […]
Quantum physics may not seem much to have to do with risk and investing, but with subjects like psychophysics explaining the statistical behavior in psychological behavior, it’s just a matter of time that science could explain more of markets. John Gribbin’s biographic work on Schrödinger has a lot of jargon relevant for understanding universal behavior. […]
Quantum physics may not seem much to have to do with risk and investing, but with subjects like psychophysics explaining the statistical behavior in psychological behavior, it’s just a matter of time that science could explain more of markets. John Gribbin’s biographic work on Schrödinger has a lot of jargon relevant for understanding universal behavior. […]
In the emotional world ruled by story telling (Mackay in Madness of crowds); psychology and emotion remain the new bestsellers. This, of course, is a change from the economists who were forced to concede ground to the psychologists after a few hundred years when Daniel Kahneman became the first psychologist to get a Nobel Prize for economics […]
Lot of times we get queries regarding, the paper model looks good, but there are few fresh entries. How do I go on model? We did an extensive white paper on start point bias (Market Scenario Analysis), to explain how starting point bias does not affect the performance of the RMI. The starting point case was […]