May 2018

(Video) Integrating vs Mixing

Joe Steidl Feifei Li Tzee Chow

Although a naive comparison appears to favor the integrating approach to multi-factor strategy construction, after taking into account both quantitative and qualitative considerations, many investors—those seeking transparency, diversification, minimal governance oversight, and low fees—may find mixing is a more sensible choice.

Articles

Food for Thought: Integrating vs. Mixing

By Feifei Li Joe Steidl

May 2018 | Read Time: 10 min

Although a naïve comparison appears to favor the integrating approach to multi-factor strategy construction, after taking into account both quantitative and qualitative considerations, many investors—those seeking transparency, diversification, minimal governance oversight, and low fees—may find mixing is a more sensible choice.