What correlations should we trust? Those based on daily or monthly return data?
Ever-greater access to world equity markets should have made it easier for investors to build and harvest the benefits of diversified global stock portfolios. But has it really?
The book is highly useful not only to women but also to other groups that are underrepresented in investment management.
The range of tools that Sébastien Page, CFA, sets out in this book can help investors make better decisions.
We should lean toward investing in all of the world all of the time.
With David Swensen's passing, the financial community has lost one of the most important investors of modern times.
Optimal diversification in equity portfolios varies by style.
The economy has only a handful of truly fundamental drivers that influence different asset classes.
When advisers talk about diversification their go-to variable is correlation. That's a mistake.
What is the effect on portfolio returns when the commodity futures market as a whole is in backwardation or contango during recessions and during unexpected inflation?