Investors are looking at a very different Europe compared to one year ago. Even though Brexit talks are likely to drag on and Italy's turbulent political environment is a potential wild card, political risk in Europe has eased dramatically.

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.