Financial Professionals

Market Insights


As January goes, so goes the year?

With the start of a new year, we expect an onslaught of “as goes January, so goes the year” posts. It is fitting, then, to revisit a blog we wrote on this topic in January of last year.

The Unreasonable Effectiveness of Simplicity

Newfound blog: the unreasonable effectiveness of simplicity when it comes to tactical or strategic portfolio construction.

Momentum Everywhere

While we normally point to the persistence of momentum across asset classes, geography, and history as evidence that it must be an innate factor within market participants, I came across an interesting New York Times article from 2007 about a study that exhibited momentum in a very different field.

Market Complexity Magnitudes

At Newfound, we argue that for models to be successful and robust in uncertain environments, they must be based on simple heuristics tied to a fundamental or economic concept, not based on complex decision rules.

High Debt-To-GDP Implies Low Growth? Not So Fast…

An interesting rebuke to the oft-quoted 2010 paper “Growth in a Time of Debt”1 by Carmen Reinhart and Kenneth Rogoff was recently announced.

Weather, Earthquakes, and Portfolio Risk Management

In his book The Signal and the Noise: Why So Many Predictions Fail — but Some Don’t, Nate Silver discusses the many subtleties of developing and utilizing predictive models.

Past performance is not a guarantee of future results.

Virtus Investment Partners provides this communication as a matter of general information. The opinions stated herein are those of the author and not necessarily the opinions of Virtus, its affiliates or its subadvisers. Portfolio managers at Virtus make investment decisions in accordance with specific client guidelines and restrictions. As a result, client accounts may differ in strategy and composition from the information presented herein. Any facts and statistics quoted are from sources believed to be reliable, but they may be incomplete or condensed and we do not guarantee their accuracy. This communication is not an offer or solicitation to purchase or sell any security, and it is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.