Every year since 1989, Merrill Lynch surveys a few 100 institutional investors using a broad variety of quantitative, valuation, process and modeling questions. Their responses get summarized in a 39 chart, 27 page report.

You can get a sense of the depth and breadth of the report in just a few charts — but overall, the results are quite thought provoking.

A few examples:


Click to enlarge:






Whether you manage money using quantitative or macro methods, I suggest you gives this report a read.


Annual Institutional Factor Survey #21
Results are in: investors are going back to basics
Savita Subramanian et al
Merrill  Lynch Quantitative Strategy  16 May 2012

Category: Hedge Funds, Investing, Markets, Quantitative, Trading

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

5 Responses to “Factors Institutional Investors Are Favoring”

  1. Through the Looking Glass says:

    Why leave off the best buy on Wall Street….. a politician ? Who needs charts when you can buy legislation?

    Put simply: Political influence is currently a bargain. “The most undervalued asset in America,” as one influential billionaire told FORBES.
    Until recently those who wanted to curry influence on an industrial scale were stuck funding a byzantine collection of lobbying groups, think tanks and “grassroots” organizations. Witness the Koch brothers—Rube Goldberg would likely be needed to construct the organization chart of their various political efforts. But such inefficiency is no longer necessary, thanks to the Supreme Court’s 2010 decision in Citizens United v. Federal Election Commission, which cemented the idea of political spending as free speech, eliminating a longstanding ban on corporate political spending and effectively ending limits on how much individuals can give to PACs as well.

  2. dina says:

    I thought these guys use Inside Info as the main factor.

  3. bear_in_mind says:

    Brother, can I get a link?

    Also, interesting that PEG is mid-way down the list, whilst P/E is at the top.

  4. MayorQuimby says:

    You have to be kidding me. PE at 81%????


  5. drctypea says:

    where can you get the report? i google it but cant find. thx.