RT Journal Article
SR Electronic
T1 Richard Ennis’s Insights: Cutting through the Fog of Asset Class Labels
JF The Journal of Investing
FD Institutional Investor Journals
SP 6
OP 10
DO 10.3905/joi.2021.1.218
VO 31
IS 2
A1 Richard M. Ennis
YR 2022
UL https://pm-research.com/content/31/2/6.abstract
AB Institutional investors use myriad and often ambiguous asset class descriptions that obscure portfolio market exposures for anyone on the outside. This obfuscation makes it difficult to understand risk characteristics and complicates performance evaluation. Fortunately, analytical techniques exist to cut through the fog of asset class labeling.