The document provides an overview of Risk Premia or Alternative Beta, explaining it as a premium generated for taking certain types of risks. It describes risk premia as persistent sources of return that can be accessed systematically, and distinguishes between traditional risk premia (like Equity Risk Premium) and those involving systematic investment strategies (like Value, Quality, and Momentum in equities, or FX carry in other markets).
documents/vol00010-efta01364390-pdf.pdf
{"document_type":"other","document_subtype":"informational","reference_numbers":["DB-SDNY-0054923","SDNY_GM_00201107","EFTA01364390"]}