After the best first-half since 2003, long-short equity funds have risen just 0.8% since the end of June.
A cohort of systematic players suspect amateurs are undermining time-tested trades like short selling.
Stocks aren't popping on good news, but they're being punished if it's bad.
Quality and low volatility factor strategies are performing well this month.
A recovery in value has helped AQR's funds, which enjoyed one of the strongest starts to a year ever.
International regions are poised to catch up after the U.S. led the markets in the first half.
Treasuries surged in the wake of the latest data for the services sector in the U.S.
Naysayers fear the passive investing industry is so big it threatens the capitalist social order.
BlackRock's iShares MSCI USA Momentum Factor ETF wants its holdings to include the market's top performers.
Value's run has been significant enough to draw in assets from momentum investors.