The environmental justice movement asserts that low-incom minority neighborhoods are
exposed to greater risks from en mental hazards than other neighborhoods because of racism a …

Copyright@ Institutional Investor, Inc. All rights reserved. investment). However, it is critically
important to understand that MPT is a theory that is independent of any theories about asset …

The goal of portfolio selection is the construction of portfolios that maximize expected returns
consistent with individually acceptable levels of risk. Using both historical data and investor …

When it comes to selecting managers, the predictors of alpha and performance persistence
are of primary concern to investors. It is found that it is more difficult for domestic asset class …

Practitioners of mean-variance optimization frequently constrain the share of asset classes
within portfolios. The purpose of the constraints is to guarantee that the allocations of the …

The theory of portfolio selection together with capital asset pricing theory provides the foundation
and the building blocks for the management of portfolios. The goal of portfolio selection …

Using the universe of the 200 largest corporate pension plans in 1998, the authors report their
value at risk (VaR) estimates and perform peer group comparisons on the basis of sector, …

This article investigates the historical performance of the dividend-paying equity universe
within the US from 2000 through 2011 and compares it to the universe of stocks that did not …

This paper tests the empirical implications on portfolio performance of using an investment
strategy focused on investing in stocks with consistent forward-looking earnings growth (EPS …

The problem of attrition among hedge funds is widely known and is a familiar topic of
discussion in the hedge fund literature. 1 This article argues that the observed attrition in the …