Stocks and bonds? Real estate? Hedge funds? Private equity? The conventional way of allocating across asset classes fails to account for the overlapping risks they represent. Investors must consider the underlying factor risks behind asset class labels, just as eating a healthy diet requires looking through foods to the nutrients they contain. Factor risks are the hard times that affect all assets, and investors are rewarded for weathering losses during bad times with long-run risk premiums. Optimally harvesting factor risk ...
Read More
Stocks and bonds? Real estate? Hedge funds? Private equity? The conventional way of allocating across asset classes fails to account for the overlapping risks they represent. Investors must consider the underlying factor risks behind asset class labels, just as eating a healthy diet requires looking through foods to the nutrients they contain. Factor risks are the hard times that affect all assets, and investors are rewarded for weathering losses during bad times with long-run risk premiums. Optimally harvesting factor risk premiums-on our own or by hiring others-requires identifying our particular set of bad times, and exploiting the difference between them and those of the average investor.
Read Less
Add this copy of Asset Management: a Systematic Approach to Factor to cart. $81.13, very good condition, Sold by Warriors SG rated 5.0 out of 5 stars, ships from Somerset, NJ, UNITED STATES, published 2014 by Oxford University Press.
Add this copy of Asset Management: a Systematic Approach to Factor to cart. $81.13, very good condition, Sold by Zebras Books rated 5.0 out of 5 stars, ships from Somerset, NJ, UNITED STATES, published 2014 by Oxford University Press.
Add this copy of Asset Management: a Systematic Approach to Factor to cart. $134.65, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Santa Clarita, CA, UNITED STATES, published 2014 by Oxford University Press.
Add this copy of Asset Management: a Systematic Approach to Factor to cart. $153.24, new condition, Sold by Just one more Chapter rated 4.0 out of 5 stars, ships from Miramar, FL, UNITED STATES, published 2014 by Oxford University Press.
Add this copy of Asset Management: a Systematic Approach to Factor to cart. $159.49, good condition, Sold by Book Words rated 5.0 out of 5 stars, ships from Midland Park, NJ, UNITED STATES, published 2014 by Oxford University Press.
