Dynamic Asset Allocation Part II
Table of Contents Defining Momentum Terminology in Academic Research Why Does Momentum Work? Momentum and Dynamic Asset Allocation The Story of How Momentum Became Accepted by the High Priest of Finance The High Priest of Academic Finance The Historic Study of Momentum The High Priest Recants A Review of the Academic Momentum Research Momentum Within…
Whitepaper: Managing Risk in Retirement: Part II
Summary and Paper Outline The Challenge of Being a Passive Investor Investors face the prospect of poor expected long-term returns making buying and holding less desirable for both equity and bond holders Given that bond yields are so low, investors are being forced to hold risky assets such as equities to earn sufficient returns. This…
The Importance of Managing Risk in Retirement
Effective risk management can be very beneficial to investors, and particularly helpful to those near or in retirement. Specifically, portfolio risk management can substantially aid in the following key areas: Discipline: Decrease the likelihood of making emotional decisions during periods of market turbulence. Recovery: Minimize the time required to recover from portfolio drawdowns by limiting…
New Whitepaper: Macro Risk Indicator
Macro Risk Indicator: Our Approach to Managing Risk We are commonly asked about the method we use to tilt our Dynamic Asset Allocation (DAA) portfolios between an offensive or defensive stance. Based upon years of extensive research we have developed what we refer to as The Macro Risk Indicator (MRI). The MRI is employed in…
New Whitepaper: Dynamic Asset Allocation Part I
Table of Contents Portfolio Theory is Lost in the 1970s Dynamic Asset Allocation Active Management Using Asset Allocation is More Practical than Security Selection Why the Active Versus Passive Debate is Misguided A Call to Action An Uncertain Future Conclusion Introduction “Progress is impossible without change, and those who cannot change their minds cannot…