Momentum investing – betting on the persistence of price trends in the short to medium term — has captured the crowd’s attention in recent years. Consider, for instance, the strong growth in ETF assets in the niche. The first fund launched a bit more than five years ago; today, there are dozens of momentum ETFs, collectively holding nearly $15 billion in assets, according to etfdb.com. That’s still a small piece of the total ETF pie, but the strategy’s allure could keep growth bubbling for years to come. What should investors expect? Does the rising interest in momentum raise concerns about the strategy’s expected return? For some insight, The Capital Spectator asked Wesley Gray at Alpha Architect, a wealth manager near Philadelphia. Gray, who previously worked as a finance professor, is an obvious source for discussing momentum. In addition to managing variations of momentum-based portfolios for clients, he and his team have written extensively about the strategy at AlphaArchitect.com, a popular investing blog. Gray is also the co-author of Quantitative Momentum: A Practitioner’s Guide to Building a Momentum-Based Stock Selection System
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Trump expected to recognize Jerusalem as Israel’s capital: Politico
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