Asset Growth Across Countries

/Asset Growth Across Countries

Asset Growth Across Countries

By | 2017-08-18T17:09:59+00:00 March 31st, 2011|Research Insights|1 Comment
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(Last Updated On: August 18, 2017)

A new working paper investigates the asset growth anomaly across multiple countries and finds that the effect is fairly robust.

Here is the link to the document:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1787237&

Here is a link to our original post on the anomaly:

https://alphaarchitect.com//2011/03/the-asset-growth-effect-in-stock-returns/

Here is a link to our data site that provides data to trade the global strategy:

https://alphaarchitect.com//users/sign_in

Here are the stats for the asset growth anomaly by country, and in aggregate across the world:

The results are hypothetical results and are NOT an indicator of future results and do NOT represent returns that any investor actually attained. Indexes are unmanaged, do not reflect management or trading fees, and one cannot invest directly in an index. Additional information regarding the construction of these results is available upon request.

The results are hypothetical results and are NOT an indicator of future results and do NOT represent returns that any investor actually attained. Indexes are unmanaged, do not reflect management or trading fees, and one cannot invest directly in an index. Additional information regarding the construction of these results is available upon request.


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About the Author:

After serving as a Captain in the United States Marine Corps, Dr. Gray earned a PhD, and worked as a finance professor at Drexel University. Dr. Gray’s interest in bridging the research gap between academia and industry led him to found Alpha Architect, an asset management that delivers affordable active exposures for tax-sensitive investors. Dr. Gray has published four books and a number of academic articles. Wes is a regular contributor to multiple industry outlets, to include the following: Wall Street Journal, Forbes, ETF.com, and the CFA Institute. Dr. Gray earned an MBA and a PhD in finance from the University of Chicago and graduated magna cum laude with a BS from The Wharton School of the University of Pennsylvania.