The Problematic 'Style' Grid
| 31 December 2005
Link to Article- Authors: Howard and Callahan
- Publication: The Journal of Investment Consulting Vol. 8 No. 1
- Publication Date: Winter 2005-2006
- Intro: Current practice has equity managers being hired to represent a particular “style” box limiting them to stocks with characteristics fitting that box, for example small cap value or large cap growth. An extensive literature search reveals that this system has no empirical basis, but simply evolved out of convenience.