​Mid-Weekly: Neuberger Berman Targets Risk Premia, Europe In Dis-Equilibrium

Risk premia strategies continue their popular rise, particularly among pension funds looking to save on fees. This week, we talk to Neuberger Berman about their plans to increase their risk premia fund offerings, following last month’s successful launch of a fund that tracks both the PUT and PUTR indices. In Europe, we look at how upcoming events are widening the distribution of outcomes for assets and parameters, leading to global markets being in a state of dis-equilibrium. According to Société Générale, looking at the markets through the lenses of game theory, this dis-equilibrium is converging towards a Nash equilibrium driven by negative rates, fiscal easing expectations, and the loss of momentum in unconventional monetary policy.