Practical analysis for investment professionals

Search results for: modern portfolio theory

Fabozzi: Finance Must Modernize or Face Irrelevancy

Frank J. Fabozzi, CFA, spoke with Paul Kovarsky, CFA, about the state of academic finance and financial theory.

The Active Equity Renaissance: Renaissance Portfolio Management

Dismantling the finance industry’s closet indexing factory is a critical step in The Active Equity Renaissance, C. Thomas Howard and Jason Voss, CFA, observe.

Shortcuts to Factor Investing: Multifactor Portfolios and Benchmarking

Mark Harrison, CFA, looks at combining factors in multifactor portfolios and considers issues of performance measurement in factor investing, in the third installment of his Shortcuts to Factor Investing series.

Is Mainstream Finance Theory Adrift?

An important new monograph from the CFA Institute Research Foundation explores a fundamental question in the wake of the global financial crisis: Has finance theory failed investors?

Book Review: Modern Security Analysis

With a focus on value investing, this book is full of useful discussions of such topics as creditworthiness, market efficiency, diversification, and financial accounting. It is primarily aimed at investors interested less in trying to predict near-term earnings and the temporal movements of stock prices than in management’s ability to maximize the value of corporate assets.

Top Five Articles from June: Behavioral Portfolio Management, the Retirement Crisis

Our two most popular posts from last month were interviews with C. Thomas Howard, who seeks to bridge the divide between modern portfolio theory and behavioral finance. Rounding out the top five: a book review, a primer on bond convexity, and a curated reading list on retirement and the retirement crisis.

Behavioral Portfolio Management: Emotions and Volatility Are Key to Successful Implementation

Despite numerous studies attempting to link volatility to changing fundamentals, research shows that investor emotions are the root cause of the vast majority of these price changes, according to C. Thomas Howard.

Portfolio Management: My Top Picks from 2012

Sam Lum, CFA, rounds up his favorite articles on portfolio management from 2012.

Asset Allocation for Private Clients: One Part Theory, Two Parts Emotion

Helping a client understand and articulate their own goals and their biggest fears, and then building a compatible investment strategy, is an enormous challenge and is likely to be different with every client.

Eight Key Factors in Effective Portfolio Management for Turbulent Times

How can investors better manage their portfolios in these turbulent times? This central question framed an engaging session led by Pranay Gupta, CFA, last month at the second annual India Investment Conference in Mumbai.

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.