One can think of Numeric as a firm since it consists of different parties. For instance, one of the parties was Mark Engerman, who joined Numeric in 1994 as a research director. The lack of adequate investment funds led Lang to join State Street Bank and Trust Boston to present the models, revealing the chances of their success. Therefore, the Numeric partnership is a significant aspect that people can analyze when thinking of Numeric as a firm.
The long-short products of Numeric are also different from its long-only products in various ways. One of the differences is that long-short investing involves having a portfolio of long positions with a portfolio of short periods. For long-only investing, the firm would buy only the good stocks. Additionally, for long-short goods, Numeric would sell bad short stocks. Another significant difference is that the long-short products had more advantages compared to the long-only investments. For example, the long-short products allowed the firm to exploit negative and positive information, unlike long-only products.
Moreover, the long-only did not enable investors to focus their assets in the market sectors where the insights were most remarkable. The long-only strategies also tended to bundle diversification and stock selection, while the long-short products could be monitored more easily for pure stock selection. Cost-saving is another essential aspect that can be considered when analyzing long-short and long-only products. In this case, the long-short plans could save costs since they allowed customers to obtain expansion separately through products such as stock-index futures and stock-index funds.