Investment-based capital asset pricing looks at equity returns from the angle of issuers, rather than investors. It is based on the cost of capital and the net present value rule of corporate finance. The q-factor model is an implementation of investment capital asset pricing that explains many empirical features of relative equity returns. In particular, […]
Macrosynergy is a London based macroeconomic research and technology company whose founders have developed and employed macro quantamental investment strategies in liquid, tradable asset classes, across many markets and for a variety of different factors to generate competitive, uncorrelated investment returns for institutional investors for two decades. Our quantitative-fundamental (quantamental) computing system tracks a broad range of real-time macroeconomic trends in developed and emerging countries, transforming them into macro systematic quantamental investment strategies. In June 2020 Macrosynergy and J.P. Morgan started a collaboration to scale the quantamental system and to popularize tradable economics across financial markets.
