Pioneering Investment Research

Bruce Jacobs and Ken Levy pioneered the “disentangling” of numerous factors that influence stock returns

Proprietary Approach

Ongoing in-house research creates proprietary models 

Multidimensional

Our multidimensional process combines human insight, finance, and behavioral theory with the latest quantitative and statistical methods

Dynamic

Our dynamic, forward-looking approach pursues opportunities in changing market environments

Committed to innovative equity research

As the pioneer of the “disentangling” process that helped revolutionize equity investing, we manage equity strategies for a prestigious global roster of institutional clients.

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Latest News

Aug 20, 2018

Lending, Leverage, Options and the Credit Crisis 10 Years Later

by Bruce I. Jacobs, Pensions & Investments, August 20, 2018: This issue, which is focused on the topic of the global financial crisis a decade later, contains a commentary by Bruce entitled “Lending, Leverage, Options and the Credit Crisis 10 Years Later.” The thesis of the editorial mirrors that of his forthcoming book, Too Smart for Our Own Good: Ingenious Investment Strategies, Illusions of Safety, and Market Crashes.... Bruce notes that a decade after the crisis, many of its underlying causes, including opaque and complex financial products, leverage, the potential for sharp swings in value, and “free lunch” strategies which promise high returns with low risk, continue to threaten market stability.

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Jun 01, 2018

The Legacy of Stephen A. Ross

by Frank J. Fabozzi, Bruce I. Jacobs, and Kenneth N. Levy, Journal of Portfolio Management, Special Issue Dedicated to Stephen A. Ross, June 2018: This introduction to a special issue dedicated to Stephen A. Ross notes that Ross’s work on the arbitrage pricing theory (APT) opened the door to multifactor... models of asset returns. Bruce and Ken’s own work, “Disentangling Equity Return Regularities: New Insights and Investment Opportunities” (Financial Analysts Journal, 1988), revealed numerous return factors in the U.S. equity market.

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May 28, 2018

Hirings: Montana Board of Investments

Pensions & Investments, May 28, 2018: The Montana Board of Investments has hired Jacobs Levy to manage $170 million in domestic large-cap partial long/short equity.

Concepts that form the foundation of our approach

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Security prices, technology, and prediction

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