🎙️ Inside Causeway’s Quant Playbook | Joe Gubler on Factor Innovation, Risk, and Portfolio Design
In this episode of Excess Returns, we sit down with Joe Gubler, Director of Quantitative Research at Causeway Capital. Joe shares a deep dive into Causeway’s distinctive approach to factor investing, blending traditional quant signals with fundamental insights, and building models that adapt to market context. From constructing proprietary sustainability alpha signals to using machine learning to refine quality definitions, Joe reveals a cutting-edge playbook for the future of quantitative investing.
đź“Ś In This Episode, You'll Learn:
Why Causeway doesn't treat its quant model as sacrosanct
How to blend fundamental overlays with systematic strategies
The logic behind composite factors and contextual weighting
Unconventional factor signals like corporate events and peer-based momentum
How machine learning enhances quality assessment
How Causeway adapts factor models across regimes and markets
What most quants miss when it comes to factor construction and interpretation
The evolving role of AI and NLP in alpha generation
Joe's views on passive flows and fundamental mispricings
Related Episodes
Broken Data. Hidden Opportunity | GMO's Warren Chiang on Deep Value’s Historic Setup
GMO’s Warren Chiang joins us for a deep dive into the art and science of systematic value investing. In this episode, Warren shares how his team has refined traditional value investing to adapt to an...
Blind to Power: The Hidden Investing Risk of Rising Strongmen | Peter Atwater
In this episode of Excess Returns, Matt Zeigler sits down with Peter Atwater—President of Financial Insyghts, author of The Confidence Map, and expert on decision-making under uncertainty. Peter lays...
Finding Great GARP Stocks with David Giroux
David Giroux, CIO and Head of Investment Strategy at T. Rowe Price Investment Management, has achieved something rare in investing—beating his Morningstar peer group for 17 consecutive years. In this...