Author: Ananth Madhavan
, Aleksander Sobczyk
and Andrew Ang
Summary:
Disclosure: The authors report no conflicts of interest. The views expressed here are ours alone. This material is not intended to be relied upon as a forecast, research, or investment advice and is not a recommendation, offer, or solicitation to buy or sell any securities or to adopt any investment strategy. The authors have not received any outside funding for this research.
Editor’s Note
Submitted 1 June 2020
Accepted 18 August 2020 by Stephen J. Brown
This article was externally reviewed using our double-blind peer-review process. When the article was accepted for publication, the authors thanked the reviewers in their acknowledgments. Keith H. Black, CFA, and one anonymous reviewer were the reviewers for this article.