Constructing durably diverse multi-asset portfolios
What is it about?
The paper explores the prudent management of derivatives in pension funds and general asset portfolios to improve portfolio efficiency both in terms of implementing investment strategies and in broadening the range of investment opportunities for building an efficient investment portfolio from a risk-based perspective.
Why is it important?
Just as diversification across conventional asset classes has decreased there has been greater attention paid to the broader array of potential investment strategies that can be accessed via derivatives. The paper explains how a portfolio of both physical and derivative investments can be effectively managed and controlled and also the range of risk techniques that need to be considered.
The following have contributed to this page: Malcolm Jones