Factor Investing

• Can factor investing kill off the hedge fund?

• styles and categories might be different A Framework for Risk Premia Investing

yet still skewness/tail risk may be the main quantitative parameter characterising strategies

• Risk Premia: Asymmetric Tail Risks and Excess Returns by Lemperiere at al.
  Yet some strategies, in particular Trend, is outside of this category, being perhaps firmly in the behavioural anomalies camp.

• critical question - how to diversify well quant strategies? The role of liquidity in diversification?

diversification between investing by the stage of the company growth (startup, growing company, bellweather), industry, etc.? by the evolutionary power of the company (which means a team factor mostly?)?