Practical analysis for investment professionals

Portfolio Management Techniques


Portfolio Confidential: Five Common Client Concerns

What are the five most common client concerns and how can we address them?

Myron Scholes on Black–Scholes, Decarbonization, AI, and Parenting

"If life were unchanging, then options would not be as valuable, but life is always changing, which makes options and the ability to deal with uncertainties very precious." — Myron Scholes

When Hindsight Becomes Foresight: Replicating Investment Performance

Most investment products simply provide exposure to the stock market in complicated wrappers.

Book Review: The Worth of Art

The Worth of Art: Financial Tools for the Art Markets, by Arturo Cifuentes and Ventura Charlin, is indispensable for anyone making an initial foray into art as a vehicle for building wealth.

Book Review: What I Learned about Investing from Darwin

Pulak Prasad reframes the quest for long-term investment success from a focus on the tools we have to a focus on the outcomes we seek.

Regret and Optimal Portfolio Allocations

To understand risk for portfolio optimization purposes, we need to consider regret.

Do the Best Equity Fund Managers Follow the Bond Market?

A fund family's success with bond funds may not translate to the equity side of the ledger.

Is the 60/40 Portfolio Still Relevant?

How do portfolios with asset allocations of 100% equity, 100% bond, 60/40, and 80/20 in the US, UK, Italian, Swiss, and global markets perform over time?

Evaluating Benchmark Misfit Risk

How can we identify and measure a portfolio's benchmark misfit risk?

What Can AI Do for Investment Portfolios? A Case Study

One AI equity trading model hints at the technology's potential to transform investment management.