When diversification fails
S Page, RA Panariello - Financial Analysts Journal, 2018 - Taylor & Francis
One of the most vexing problems in investment management is that diversification seems to
disappear when investors need it the most. We surmise that many investors still do not fully …
disappear when investors need it the most. We surmise that many investors still do not fully …
Asset allocation: Risk models for alternative investments
N Pedersen, S Page, F He - Financial Analysts Journal, 2014 - Taylor & Francis
Often, the lack of mark-to-market data lures investors into the misconception that alternative
asset classes and strategies represent somewhat of a “free lunch.” This article proposes …
asset classes and strategies represent somewhat of a “free lunch.” This article proposes …
How to combine long and short return histories efficiently
S Page - Financial Analysts Journal, 2013 - Taylor & Francis
A common challenge in portfolio risk analysis is that certain assets have shorter return
histories than others. Unfortunately, many standard portfolio risk analysis techniques …
histories than others. Unfortunately, many standard portfolio risk analysis techniques …
Risk management for endowment and foundation portfolios
KH Black - The Journal of Alternative Investments, 2013 - search.proquest.com
When applied by the largest investors, the endowment model has created impressive
returns over the past 20 years. However, this style of portfolio management comes with a …
returns over the past 20 years. However, this style of portfolio management comes with a …
[CITATION][C] Asset Allocation: Risk Models for Alternative Investments1
S Page, N Pedersen - 2013