Lombard Odier Investment Managers (‘Lombard Odier IM') announces the appointment of Arnaud Langlois to launch a global equity long/short investment strategy with a sustainability focus.

State Street Global Advisors, the asset management business of State Street Corporation, announced that Lochiel Crafter has been named head of its Global Institutional Group, effective immediately, responsible for distribution efforts across the world.

Academic studies present ample evidence in support of the existence of four factor premiums in stock markets: Low Risk, Value, Momentum, and Quality. Factor investing puts these concepts into practice by enabling investors to allocate their capital explicitly to these premiums in order to achieve higher returns and better risk management.

When it comes to valuing shares, the price-to-earnings (P/E) ratio is a bit like the baloney sandwich of equity valuation. Wall Street's finest might all know about more elegant, sophisticated and nutritious alternatives.

Hedge funds strongly recovered from the selloff, with only two exceptions: i) the fixed income funds, flat this week, still isolated from the epicenter, and ii) neutral equity funds, still suffering from sector and factor rotations. This week, we checked if the selloff altered the stock-pickers and trend-followers environments.