Matthias Hanauer

Matthias Hanauer, factor investing researcher, discusses two of his research papers: 'Honey I Shrunk the Factor Zoo' and 'Resurrecting the Value Premium'. They also talk about the state of value investing and share interesting charts that provide context. The episode provides insights on approaching research topics, innovating in factor research, and the challenges faced by researchers. The performance of the value factor and the importance of past realized returns are also discussed.

In this conversation, Matthias Hanauer, a researcher with Robeco’s Quant Equity Research team, delves into the evolving landscape of value investing. He reveals how interest rates shape the relationship between growth and value stocks. The discussion highlights the promise of emerging markets and small-cap stocks, as well as the impact of recent U.S. elections on market trends. Matthias also explores the intriguing 'Factor Zoo' and the integration of machine learning in modern investment strategies, challenging conventional wisdom on value metrics.

Marcel Schwartz, a researcher from the Technical University in Munich, and Matthias Hanauer, a quant researcher at Rubico, discuss their collaborative work on formula investing strategies. They explore the effectiveness of various financial formulas, including the Piotroski F-score, in enhancing investment performance. The conversation highlights trends in market dynamics, the longevity of quality investing over value investing, and the surprising implications of passive investment on stock valuations. Prepare for insights that blend academia with practical investing wisdom!