Asset Pricing and Risk-Sharing Implications of Alternative Pension Plan Systems (opens in new tab)

There is a durable, stock-specific momentum component tied to how prices react to firm news around earnings dates. The result is a cleaner, lower-risk way to capture momentum without leaning so heavily on broad factor moves. Asset Pricing and Risk-Sharing Implications of Alternative Pension Plan Systems was originally published at Alpha Architect. Please read the Alpha Architect disclosures at your convenience.