In a markets article featured in the Business Report, Mergence CIO Brad Preston is quoted discussing the Rand. He notes that the recent South Africa-specific risks are no longer fully reflected in the currency. The potential for additional Rand strength, he suggests, hinges on global factors, a weakening dollar, and a robust economic recovery in China.
Global factor performance and the Mergence Global Quant Equity Portfolio
Factor investing is the practice of investing based on exposure to a range of quantitative factors that have been shown