---
title: The Evolution of Quantitative Equity Investing: Half a Century of Alpha Research and Institutional Adaptation
url: https://www.ml-quant.com/papers/ssrn/7566701/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-09
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7566701
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7566701
featured: 2026-10-09
citations: unknown
topic: Portfolio & Allocation
---


# The Evolution of Quantitative Equity Investing: Half a Century of Alpha Research and Institutional Adaptation

Surveys fifty years of quantitative investing as a history of changing implementation boundaries from diversification through machine learning, emphasizing alpha decay and the gap between research and production systems.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7566701
- Identifier: SSRN 7566701
- Released: 2026-10-08
- First featured: Quant Letter No. 134 (2026-10-09): https://www.ml-quant.com/issues/2026-10-09/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Portfolio & Allocation
- Authors: Xuan Feng, Julio Cardozo, Dehua Xia

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