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Equity Market Data Portfolio Construction Smart Alpha

Building blocks

Portfolio construction needs to be about both a managed process of risk and return – not about multiple risks and multiple returns

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General Portfolio Construction Smart Alpha

Thinking about risk

There should be a better conversation about how to manage both risk and reward in equity markets.

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Market Dynamics Smart Alpha View from the Edge

Market Weather Report – Round the Horn

One reason that we call this report “The Weather report” is that the analogies with multiple elements  of Value, Momentum and Uncertainty impacting markets in a continuous way chimes with the idea of Currents, Tides and Winds, all impacting the navigation of the high seas. Whatever the nature of the vessel concerned or the skills, experience […]

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Equity Market Data Market Dynamics Smart Alpha View from the Edge

Do you feel lucky punk?

Reporting on what has been going on and why is one thing. Knowing what to do about it and when is another altogether.

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Equity Market Data General Smart Alpha

Libra-IS brings you Apollo:

In the world of data – quality is everything. We have now made Apollo data even more accessible and user friendly as the whole database can now be delivered seamlessly to your workflows via Snowflake  – a data warehouse built for the cloud.

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General Market Dynamics Smart Alpha

For the Europhiles out there. New and Old

Everything we do at Libra is from ‘the bottom up.’ The sector and market signals are an aggregation from the signal stock level. Investors can start at the market level and cascade from sectors to stocks to see the best opportunities.

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Market Dynamics Smart Alpha

Am I hallucinating?

As the (still ongoing) fallout from the market turmoil starts to be evaluated, there has been a natural temptation to rationalise and understand recent activity through the traditional lens of cause and effect:  “… (A) market response to an (un)anticipated event occurred because Event X threatened to provoke subsequent (negative) Outcome Y and markets reacted […]

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Smart Alpha

The Weather Forecast : Q2 2025

Welcome to the Weather Forecast
As we continue to roll out our Smart Alpha strategies, we are publishing a regular newsletter – the Weather forecast that looks at how Smart Alpha strategies can help navigate the current investment climate.

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Smart Alpha View from the Edge

How to be Smart with Alpha

The team here at Libra Investment Services have been analysing global economies and markets for the best part of 40 years and, over that time have seen how the interaction of macro and micro trends, stock level financials and thematic and sector dynamics influence  and, ultimately, drive the complex adaptive system that is the financial market. […]

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General Smart Alpha Stock View View from the Edge

The answer to the obvious question

In the same way that many investment advisors failed to sell certain stocks when the time arose (see previous posts) they may not have the skillset or process that allows them gauge when to buy. In markets such as this, an answer is to be found in Benjamin Graham’s Margin of safety. The principle of […]