RT Journal Article
SR Electronic
T1 Beyond Risk Parity
JF The Journal of Investing
FD Institutional Investor Journals
SP 137
OP 147
DO 10.3905/joi.2011.20.1.137
VO 20
IS 1
A1 Bhansali, Vineer
YR 2011
UL http://joi.pm-research.com/content/20/1/137.abstract
AB Risk parity is an approach to portfolio construction that focuses on the balance of risks within a portfolio. In this article, the author explores the benefits and shortcomings of the traditional way risk parity is implemented and suggests extensions using a risk-factor-based approach.TOPICS: Risk management, portfolio construction, factors, risk premia