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    Insights
    Insights   •   Active Quantitative Equity (AQE)

    AQE Commentary: Volatility Among Historically Divergent Sectors in Now Converging

    Volatility Among Historically Divergent Sectors is Now Converging. A Comparison of Utilities and Insurers Illustrates What This Means for Portfolio Construction.

    • Utility stocks are becoming more volatile and, from a valuation perspective, less attractive. Meanwhile, insurance stocks are currently expressing the risk and return attributes of a classically defensive exposure.
    • At the same time, our proprietary macro-risk model adds important nuance to our risk and return assessments and, ultimately, to our defensiveportfolio positioning.

     

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    Read our latest CIO Commentary.

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