Melissa R. Brown, CFA - Managing Director of Applied Research

As Managing Director of Applied Research, Melissa Brown generates unique insights into risk trends by consolidating and analyzing the vast amount of data on market and portfolio risk maintained by Axioma. Brown’s perspectives help both clients and prospects to better understand and adapt to the constantly changing risk environment.

Most recent articles by Melissa R. Brown, CFA

Diversification Enhancer or Performance Detractor? The Concentration Rule’s Impact on Growth Performance

Yet another issue has cropped up, leading to unique challenges for investors — the impact of SEC diversification rules, which until now have not had a substantial portfolio impact.

Posted 08.03.20 Melissa R. Brown, CFA

The STOXX Europe 600 Paris-Aligned Benchmark

Melissa Brown discusses the STOXX Europe 600 Paris-Aligned Benchmark Index, and the strategy driving a higher return and lower volatility than its benchmark.

Posted 07.30.20 Melissa R. Brown, CFA

Tracking error of Russell 2000 vs. Russell 3000 soars to 25-year high…and yours could too

Equity markets have mostly recouped the losses of the downturn that started in February of this year, but at different rates.

Posted 07.06.20 Melissa R. Brown, CFA

With volatility so high, is my factor return truly low?

Like that of markets, factor volatilities have jumped substantially since the end of last year.

Posted 06.05.20 Melissa R. Brown, CFA

Market Sensitivity Exposures: “And the ‘New Normal’ is…”

We have discussed recently how company factor exposures had turned topsy-turvy, as investors sorted out their expectations for winners and losers of the COVID pandemic.

Posted 06.02.20 Melissa R. Brown, CFA