Global Market Report - Global Small Cap Outperformance in 2013 - January 2014
Jan 17, 2014
This Market Report uses the Barra Global Equity Model (GEM3) to analyze which factors drove the global Small Cap rally in 2013. We also identify the incidental bets that a sample small cap portfolio makes against the broad market. Our results demonstrate the major impact that incidental exposures can have on portfolio performance, highlighting the importance of monitoring such exposures with our model.