Category: Risk Management (Page 5 of 11)
Long/flat trend-following strategies look like call options with uncertainty. Combining multiple trend models can reduce this uncertainty in the payout.
We find that a long or prolonged drawdowns early in an investor’s retirement can dramatically increase the probability of failure.
We demonstrate how simple differences in dual momentum implementations can lead to annual performance differences up to thousands of basis points.
In this commentary we explore whether manager diversification can have risk reduction benefits like those found with asset diversification.
No Pain, No Premium
By Corey Hoffstein
On February 4, 2019