What rising volatility means for momentum investing

Russ Koesterich, chief investment strategist at BlackRock, examines which equity styles could thrive in the current turbulent market environment.

After remaining torpid for most of the year, equity market volatility is once again rising. This change in the investment climate can be attributed to a number of factors: a pending Federal Reserve (Fed) rate hike, lower expectations for economic growth and less benign credit market conditions. How investors responded to Black Monday After bottoming several weeks ago near multi-year lows, on Monday the VIX index-which measures implied volatility on S&P 500 stock options-spiked to more than 50, the highest level since the financial crisis. While we expect volatility to remain elevated ...