Tag: portfolio construction (Page 1 of 4)
Portfolio construction decisions tell us about more than just our objective: they tell us about our beliefs. But what if we're not 100% certain?
A systematic approach for evaluating diversification leads to actionable, unbiased results based on a portfolio's objectives.
Explaining why active management performs a certain way in an environment is tough. Predicting this difference is even harder. Diversification is key.
Factor portfolio construction has two key elements: ingredients (the signals used to pick investments) and recipe (the rules used to translate those signals into allocations). While the ingredients often get the most focus, the recipe can have just as large of an impact on returns.
Tightening the Uncertain Payout of Trend-Following
By Nathan Faber
On January 28, 2019