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SINGLE COUNTRY & REGIONAL EQUITY
MEASURING RISK WITH A HYBRID FACTOR APPROACH

The Single Country and Regional Equity Models are designed for controlling the risk of portfolios invested in a single market or region. They are extended CAPM constructs. We first estimate the influence of market returns, and then explain remaining returns with industrial sectors and macroeconomic factors. These models also include an innovative hybrid factor method that allows new important factors to enter the model as needed.